NYSE:SMRElectrical
NuScale Lawsuits And Fluor Exit Test Support For SMR Projects
Several class action lawsuits have been filed against NuScale Power (NYSE:SMR) alleging misrepresentations about key commercialization partner ENTRA1 Energy.
Plaintiffs claim NuScale understated the risks tied to ENTRA1, as fresh details emerge about substantial payments and project delays.
At the same time, NuScale received approval for a small modular reactor project in Romania and major shareholder Fluor announced plans to exit its position.
NuScale Power, trading at $13.33, is facing a...