Class Action Reminder for Ostin Technology Group and NuScale Power
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 03 2026
0mins
Source: Globenewswire
- Ostin Technology Group Lawsuit: Ostin Technology Group faces a class action lawsuit for alleged securities fraud, with charges against its CEO and financial advisor for orchestrating a scheme that netted over $110 million in illicit proceeds, resulting in shareholders losing over $950 million and a 94% drop in market value on June 26, 2025.
- Fraudulent Securities Offerings: Beginning in April 2025, Ostin's management transferred the majority of shares to co-conspirators through fraudulent securities offerings, causing the stock price to soar from $0.78 to $9.40, with market capitalization exceeding $1 billion, but this artificial inflation led to significant investor losses when the truth emerged.
- NuScale Power Lawsuit: NuScale Power is accused in a class action of failing to disclose that its partnership with ENTRA1 Energy LLC lacked substantial operational experience, exposing its commercialization strategy to significant risks, resulting in investor damages once the reality was revealed.
- Law Firm Involvement: Bragar Eagel & Squire, P.C. serves as the representative law firm, reminding investors to apply as lead plaintiffs before the deadlines to ensure their rights are protected.
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Analyst Views on SMR
Wall Street analysts forecast SMR stock price to rise
13 Analyst Rating
5 Buy
6 Hold
2 Sell
Hold
Current: 11.330
Low
18.50
Averages
32.77
High
60.00
Current: 11.330
Low
18.50
Averages
32.77
High
60.00
About SMR
NuScale Power Corporation is a provider of proprietary advanced small modular reactor (SMR) nuclear technology. The NuScale Power Module, the Company's SMR technology, is a small pressurized water reactor that can generate approximately 77 megawatts of electricity (MWe) or 250 megawatts thermal (gross) and can be scaled to meet customer needs through an array of flexible configurations of up to 924 MWe (12 modules) of output. In addition to the sale of NPMs, it offers a diversified suite of services throughout the development and operating life of the power plant. The Company's suite of services is planned to include licensing support, testing, training, fuel supply services and program management, among others. It serves a range of customers consisting of domestic and international governments, utilities, state-owned enterprises and technology and industrial companies in need of carbon-free, reliable energy.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Business Stabilization: From 2021 to 2023, Fluor shifted from fixed-price megaprojects to reimbursable contracts, allowing clients to cover labor, material, and equipment costs, which stabilized its operations; analysts expect EPS to turn positive again in 2026, with a projected CAGR of 3% through 2028.
- Optimistic Market Outlook: By the end of 2025, Fluor's backlog reached $25.5 billion, with over 80% consisting of reimbursable contracts, and the ongoing growth in cloud, AI, and nuclear markets is expected to provide additional tailwinds for the company.
- Significant Investment Returns: Fluor recently liquidated its remaining stake in NuScale, turning an initial $570 million investment into $2.43 billion, and is likely to use some of that cash for stock buybacks to enhance EPS, further boosting investor confidence.
- Reasonable Valuation: With a current stock price of $42 and a forward P/E ratio of 13, while it may not achieve millionaire-making gains over the next decade, Fluor could still match or exceed the S&P 500 if it continues its streamlining strategies and increases share buybacks.
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- IPO Plans: Deep Fission filed for an initial public offering on Wednesday, intending to offer 6 million shares on the Nasdaq Global Market at an estimated price range of $24 to $26 per share, potentially valuing the company at approximately $1.65 billion.
- Innovative Nuclear Technology: The startup is pursuing a novel approach by placing reactors deep underground, which aims to reduce construction costs and enhance safety compared to traditional above-ground nuclear facilities, potentially attracting more investor interest.
- Strong Market Demand: As electricity demand surges from artificial intelligence and data centers, investor appetite for nuclear startups remains robust, with Deep Fission's filing indicating a growing willingness among public investors to fund early-stage nuclear technology despite regulatory hurdles and capital requirements.
- Industry Recovery Signal: Following X-Energy's successful IPO, the nuclear startup IPO market is gradually reviving, and Deep Fission's filing may further encourage institutional investors to support nuclear projects through traditional IPOs, fostering industry growth.
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- Significant Stock Decline: Since the beginning of the year, NuScale Power's shares have dropped approximately 30%, and an astounding 79% from last summer's highs, indicating substantial losses for investors and reflecting market uncertainty regarding small modular reactor (SMR) technology.
- Industry-Wide Struggles: NuScale is not alone in its decline; other SMR stocks like Oklo have also suffered, losing nearly two-thirds of their value since last October, highlighting the challenges faced by the entire sector in terms of regulatory approval and practical applications.
- Long-Term Potential Remains: Despite current volatility, NuScale's long-term growth potential remains intact, particularly as electricity demand continues to rise, positioning SMRs as a promising solution with significant market opportunities over the coming decades.
- Investment Risks and Opportunities: The recent stock price drop provides investors with an opportunity to enter at lower valuations, but the lack of concrete project updates means volatility will likely persist, necessitating careful risk assessment by investors.
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- Market Opportunity Analysis: NuScale Power focuses on small modular reactors (SMRs), which are expected to meet the energy demands of the AI and data center industries, potentially generating several trillion dollars in opportunities over the next few decades, despite its market cap of only $4.1 billion, indicating significant growth potential.
- Project Progress Update: During the latest earnings call, NuScale's RoPower SMR project in Romania received approval from SN Nuclearelectrica SA shareholders, while the collaboration with the Tennessee Valley Authority for the largest nuclear deployment in U.S. history is progressing smoothly with no major hurdles disclosed.
- Stock Price Volatility Reasons: Despite positive project updates, NuScale's stock has dropped 10% since the earnings report on May 7, primarily due to market disappointment over the long timelines for project completion, reflecting investor concerns about short-term profitability.
- Investment Recommendation: Despite facing execution challenges and ongoing shareholder dilution risks, NuScale's stock remains attractive for investors willing to accept higher risks in pursuit of maximum returns, making it a strong candidate for watchlists.
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- Nuclear Market Opportunity: The U.S. government aims to quadruple nuclear capacity from approximately 100 GW in 2024 to 400 GW over the next 25 years, potentially creating a $10 trillion market opportunity, highlighting nuclear energy's critical role in the clean energy transition.
- Uranium Supply Dominance: Cameco currently produces about 17% of the world's uranium, ranking second globally, and with demand expected to rise by 28% by 2030, Cameco's pricing power and sales volume are set to significantly increase, further solidifying its market position.
- Small Reactor Technology: NuScale Power is the only company with an NRC-approved small modular reactor design, and SMR technology is seen as a primary growth driver for the nuclear industry, potentially reducing construction time from a decade to two to three years and lowering costs.
- Strategic Investment Outlook: Cameco holds a 49% stake in Westinghouse, which is engaged in an $80 billion agreement with the U.S. government to build new reactors, underscoring its strategic importance and market potential in the nuclear renaissance.
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- Nuclear Technology Outlook: NuScale Power has an approved design for its nuclear reactor, yet the absence of sales has left the startup in a money-losing position, necessitating cautious evaluation by investors.
- Project Collaboration Progress: The partnership with Romanian utility RoPower has received project approval; however, the lack of funding leaves the project's future uncertain, impacting the company's revenue potential.
- Market Volatility: NuScale's stock price is driven by news flow and investor sentiment, and volatility is expected to continue, particularly as sales remain unrealized, requiring investors to prepare for a long-term hold.
- Industry Optimism: Despite challenges, the outlook for NuScale Power remains positive due to rising nuclear energy demand, especially in the context of collaborations with major tech companies, which may attract investor interest in the future.
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