SUEWALLST, LLP: NUSCALE CEO AND CFO FACE PERSONAL LIABILITY FOR SMR LOSSES

SueWallSt, LLP has issued an investor alert regarding a pending securities class action against NuScale Power Corporation (NYSE: SMR). The lawsuit names CEO John L. Hopkins and CFO Robert Ramsey Hamady as individual defendants, holding them personally liable under Section 20(a) of the Securities Exchange Act of 1934 for substantial losses experienced by shareholders. NuScale's stock plummeted from a peak of over $57 to approximately $17, a decrease exceeding 70%, primarily attributed to alleged misrepresentations regarding the company's partnership with ENTRA1 Energy LLC.

The class period for the alleged misconduct spans from May 13, 2025, to November 6, 2025. The lawsuit claims that both executives actively participated in misleading communications about ENTRA1's qualifications and capabilities in nuclear power plant development. It asserts that they controlled and disseminated public communications, including SEC filings and press releases, which contained untrue statements and omitted critical facts.

Furthermore, the complaint highlights that both executives violated Sarbanes-Oxley certification obligations, which require CEOs and CFOs to certify the accuracy of SEC filings personally. Their alleged failure to correct false statements about ENTRA1's capabilities, even while committing significant financial resources under the Strategic Alliance Agreement, is central to the claims against them.

The court has set an April 20, 2026, deadline for potential lead plaintiffs to apply in the case. Joseph E. Levi, Esq. of Levi & Korsinsky, LLP, encourages affected investors to come forward for potential recovery of losses. This case underscores the serious obligations corporate officers have to ensure truthful and complete disclosures to investors.

The recent legal developments surrounding NuScale Power Corporation (NYSE: SMR), wherein CEO John L. Hopkins and CFO Robert Ramsey Hamady face personal liability for alleged misrepresentations, paint a troubling picture for current and prospective investors. NuScale’s share price has plummeted from a high of $57 to approximately $17, reflecting over a 70% decline in valuation that many attribute to misleading statements about its commercialization partner, ENTRA1 Energy LLC.

Investors should approach NuScale with caution. The lawsuit, invoking Section 20(a) of the Securities Exchange Act of 1934, underscores the serious implications of executive accountability in corporate communications. Both executives not only participated in public disclosures but also directly certified the accuracy of SEC filings. With the looming court deadline of April 20, 2026, for lead plaintiffs in this class action, the situation poses heightened risk for share price volatility and investor confidence.

Given these circumstances, it may be prudent for investors to closely monitor developments in the litigation and consider a conservative investment strategy. Risk tolerance should guide decisions, as the potential for further declines exists if the court's findings are unfavorable for the defendants or if further misstatements come to light. Moreover, investors should be wary of the broader implications on NuScale’s business model and operational viability in the competitive and regulated nuclear power sector.

Investors looking to capitalize on potential rebounds should conduct thorough due diligence and stay informed about legal outcomes while considering the risk-reward profile. The volatility of NuScale's stock makes it a speculative investment at this juncture; hence, diversifying across less risky securities may provide a buffer against the ongoing litigation’s uncertainties.