Bronstein, Gewirtz & Grossman Files Class Action Lawsuit Against NuScale Power

Lawsuit alleges NuScale misled investors about partner's lack of experience in nuclear power

Apr. 6, 2026 at 4:15pm

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A photorealistic studio still life featuring a stack of legal documents and a gavel on a clean, monochromatic background, symbolizing the legal proceedings and pursuit of corporate accountability.A class action lawsuit seeks to hold NuScale Power accountable for allegedly misleading investors about its commercialization partner's experience.NYC Today

Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, has filed a class action lawsuit against NuScale Power Corporation (NYSE: SMR) and certain of its officers. The lawsuit alleges that NuScale made false and/or misleading statements about its commercialization partner ENTRA1 during the class period from May 13, 2025 to November 10, 2025.

Why it matters

This lawsuit highlights the importance of transparency and accountability for public companies, especially those operating in highly technical and regulated industries like nuclear power. Investors rely on accurate information to make informed decisions, and allegations of misleading statements can erode trust in the market.

The details

The complaint alleges that NuScale misled investors by claiming ENTRA1 had experience owning, financing, and operating nuclear energy generation facilities, when in fact ENTRA1 had never built, financed, or operated any significant projects in the nuclear power field. The lawsuit also claims NuScale entrusted its commercialization and deployment to an entity that lacked the necessary experience.

  • The class period runs from May 13, 2025 to November 10, 2025.
  • The deadline for investors to join the class action is April 20, 2026.

The players

Bronstein, Gewirtz & Grossman, LLC

A nationally recognized investor-rights law firm that represents investors in securities fraud class actions and shareholder derivative suits.

NuScale Power Corporation

A publicly traded company (NYSE: SMR) that develops small modular nuclear reactor (SMR) technology.

ENTRA1

A company that NuScale entrusted with the commercialization, distribution, and deployment of its nuclear power modules, despite ENTRA1's lack of experience in the nuclear power industry.

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What they’re saying

“Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace.”

— Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC

What’s next

Investors have until April 20, 2026 to join the class action lawsuit against NuScale Power Corporation.

The takeaway

This case highlights the importance of transparency and accountability for public companies, especially those operating in highly technical and regulated industries. Investors rely on accurate information to make informed decisions, and allegations of misleading statements can erode trust in the market.