Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

NUSCALE POWER Corp (SMR) Class Action Lawsuit (November 2023)

Closed

3:23cv1689 • November 15, 2023

Class Period Start

March 15, 2023

Class Period End

August 2, 2024

PSLRA Deadline

January 16, 2024

Case Allegations

10b5

Statutes of Repose

Mar 15, 2026

Country

United States

Court

Federal Court

Docket History

Jul 1, 2025

No Appeal- Closed

May 21, 2025

Motion to Dismiss Granted

The court has granted the defendants' request to dismiss the lawsuit. Depending on the court's decision, the plaintiffs may be allowed to file an updated complaint or pursue an appeal.

Nov 1, 2024

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Sep 20, 2024

Second Amended Complaint

A new complaint has been filed on behalf of certain investors in NUSCALE POWER Corp. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Jun 17, 2024

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Apr 18, 2024

First Amended Complaint

A new complaint has been filed on behalf of certain investors in NUSCALE POWER Corp. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Feb 22, 2024

Appointment of Lead Plaintiff

The court has appointed a lead plaintiff to represent the interests of investors in the lawsuit. The lead plaintiff works with the attorneys handling the case, helps oversee the litigation, and represents the interests of the proposed class.

Dec 26, 2023

Additional Complaint

Another plaintiff has filed a complaint on behalf of investors in NUSCALE POWER Corp. The allegations and class definitions are substantively the same.

Nov 15, 2023

First Filed Complaint

A securities fraud class action complaint has been filed on behalf of certain investors in NUSCALE POWER Corp.

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