NuScale Investor Suit Puts ENTRA1 Partnership And Risk Disclosures Under Scrutiny
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NuScale Power (NYSE:SMR) is facing a new class action lawsuit alleging it misrepresented the qualifications of its commercialization partner, ENTRA1 Energy. The complaint claims investors were misled about ENTRA1's experience and capabilities, including in relation to agreements involving the Tennessee Valley Authority. Plaintiffs also highlight significant management payments to ENTRA1 and argue that investors were not fully informed about related legal, operational, and reputational...
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