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Stock impact report

NUSCALE ALERT: Bragar Eagel & Squire, P.C. is Investigating NuScale Power Corporation on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

NuScale Power Corporation (SMR) 
Company Research Source: GlobeNewswire
NEW YORK, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against NuScale Power Corporation (NYSE: SMR) on behalf of long-term stockholders following a class action complaint that was filed against NuScale on November 15, 2023 with a Class Period from March 15, 2023 and November 8, 2023. Our investigation concerns whether the board of directors of NuScale have breached their fiduciary duties to the company. Throughout the Class Period, Defendants made materially false and/or misleading statements and failed to disclose material adverse facts about the Company’s business, operations, and prospects. Defendants misled investors by failing to disclose that (1) because of the effect of inflationary pressures on the cost of construction and power, the Company and UAMPS would be unable to sign up enough subscribers to fulfill the CFPP; (2) Standard Power did not have the financial abili Show less Read more
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