SMR Shareholder Notice: Shareholder Rights Law Firm Robbins LLP Reminds Investors of the Securities Class Action Against NuScale Power Corporation

Detailed summary

SAN DIEGO, Nov. 12, 2026 /PRNewswire/ -- Shareholder rights law firm Robbins LLP reminds investors that a class action was filed on behalf of all persons who purchased or…

SAN DIEGO, Nov. 12, 2026 /PRNewswire/ -- Shareholder rights law firm Robbins LLP reminds investors that a class action was filed on behalf of all persons who purchased or otherwise acquired NuScale Power Corporation (NYSE: SMR) securities between February 27, 2026 and September 10, 2026, inclusive (the "Class Period"). NuScale purports to redefine nuclear power through the development of proprietary small module reactors ("SMRs") and associated technology that purportedly will deliver safe, scalable, cost-effective, and reliable carbon-free power.

The complaint alleges that NuScale overstated its commercial prospects.

Investors who purchased NuScale Power Corporation securities during the Class Period and suffered significant losses should contact Robbins LLP for information about the lawsuit.

According to the complaint, during the Class Period, defendants failed to disclose that:

Plaintiff alleges that on September 11, 2026, UBS downgraded NuScale from "Neutral" to "Sell" and lowered its price target from $10 to $6. UBS opined that NuScale was rapidly losing its "first-mover" advantage in SMR technology to faster-moving competitors. UBS also flagged a lengthy five-year build timeline, a critical lack of firm customer commitments, and projected a massive $700 million in negative free cash flow between 2026 and 2028. The report also described stagnating progress regarding NuScale's RoPower Project and the risk that the TVA would not ultimately move forward with NuScale.

On this news, NuScale's stock price fell $1.60 per share, or 15.67%, to close at $8.61 per share on September 11, 2026.

Investors who purchased Nuscale Power Corporation securities during the Class Period may be eligible to serve as lead plaintiff. The lead plaintiff is a court-appointed investor who represents the interests of all class members throughout the litigation. Shareholders who wish to seek appointment as lead plaintiff should contact Robbins LLP for information about the appointment process.

Shar…

Opening of the article, excerpted from PR Newswire. To read the rest, open the article on the publisher's site.