Overview
- The case, Truedson v. NuScale Power Corporation, No. 3:26-cv-00328, is pending in the U.S. District Court for the District of Oregon.
- The complaint alleges NuScale misrepresented ENTRA1’s experience and its role in commercializing NuScale’s small modular reactor technology.
- On Nov. 6, 2025, NuScale reported $519 million in G&A expenses, largely from a $495 million payment to ENTRA1, and a $532 million quarterly net loss, prompting a roughly 14% single‑day stock drop.
- Following company commentary and an analyst note questioning ENTRA1’s capabilities, NuScale shares fell a further 12.4% over two trading days ending Nov. 10, 2025.
- Law firms including Kessler Topaz and Bleichmar Fonti & Auld are soliciting class members for a putative class covering purchases from May 13 through Nov. 6, 2025.