Class Action Reminder for Ostin Technology Group and NuScale Power Investors
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 10 2026
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Should l Buy SMR?
Source: Globenewswire
- Ostin Technology Group Lawsuit: Ostin faces a class action lawsuit for alleged securities fraud, with accusations against its CEO and financial advisor for orchestrating a scheme that generated over $110 million in illicit proceeds, resulting in shareholders losing over $950 million in a single day on June 26, 2025, representing a 94% drop in market capitalization.
- Fraudulent Securities Offerings: The lawsuit claims that starting in April 2025, Ostin transferred the majority of its shares to co-conspirators at minimal prices through fraudulent securities offerings, misleading investors by inflating the company's market value from $22 million to over $1 billion through deceptive social media promotions.
- NuScale Power Lawsuit: NuScale Power is accused in a class action of failing to disclose that its partnership with ENTRA1 Energy LLC lacked any significant operational experience, exposing its commercialization strategy to substantial undisclosed risks, leading to investor losses when the truth emerged.
- Law Firm Involvement: Bragar Eagel & Squire, P.C. serves as the representative law firm, reminding investors to petition to become lead plaintiffs within the specified deadlines to protect their rights and seek appropriate compensation through legal proceedings.
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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: 12.030
Low
18.50
Averages
32.77
High
60.00
Current: 12.030
Low
18.50
Averages
32.77
High
60.00
About SMR
NuScale Power Corporation is a provider of proprietary advanced small modular reactor nuclear technology. The NuScale Power Module, the Company's SMR technology, is a small pressurized water reactor that can generate 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 governments, political subdivisions, state-owned enterprises, investor-owned utilities and other technology and industrial companies, both in domestic and international markets.
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.
Class Action Reminder for Ostin Technology Group and NuScale Power Investors
- Ostin Technology Group Lawsuit: Ostin Technology Group is facing a class action lawsuit for alleged securities fraud, with accusations against its CEO and financial advisor for orchestrating a scheme that generated over $110 million in illicit proceeds, resulting in investors suffering losses exceeding $950 million and a 94% drop in market capitalization on June 26, 2025.
- Fraudulent Securities Offerings: Starting in April 2025, Ostin's management allegedly engineered fraudulent securities offerings that transferred the majority of shares to co-conspirators, inflating the stock price from $0.78 to $9.40, with market capitalization exceeding $1 billion, all based on deceptive promotions.
- NuScale Power Lawsuit: NuScale Power is also facing a class action lawsuit, accused of failing to disclose that its partnership with ENTRA1 Energy LLC lacked significant operational experience, exposing its commercialization strategy to substantial risks, leading to investor losses once the truth emerged.
- Law Firm Involvement: Bragar Eagel & Squire, P.C. is the law firm representing the investors, reminding them to apply to be lead plaintiffs within the specified deadlines, which are April 17, 2026, for Ostin and April 20, 2026, for NuScale.
See More
NuScale Power Faces Class Action Lawsuit
- Financial Loss Surge: NuScale Power reported a staggering 3,000% increase in general and administrative expenses to $519 million in Q3 2025, resulting in a quarterly net loss of $532 million, a significant rise from $46 million the previous year, indicating severe deterioration in the company's financial health.
- Contractual Risk Exposure: The $495 million payment to ENTRA1 Energy LLC raises concerns about NuScale's commercialization strategy in nuclear projects, especially given ENTRA1's lack of relevant project experience, which could lead to delays or failures in future initiatives.
- Analyst Scrutiny: A report from Guggenheim Securities criticized ENTRA1 as a three-year-old company with no successful projects, suggesting that NuScale's partnership choices lacked due diligence, potentially undermining investor confidence.
- Stock Price Plunge: Following the earnings announcement, NuScale's stock price fell by $4.03, or 12.4%, over two days to close at $28.43 per share, directly impacting investor asset values and prompting the initiation of a class action lawsuit.
See More
NuScale and Ebara Collaborate on Steam Compressor Development
- Collaborative Development: NuScale Power and Ebara Elliott Energy are partnering to develop a commercial-scale high-temperature steam compressor, aimed at integrating NuScale Power Modules™ with petrochemical plants requiring process heat, potentially transforming nuclear technology applications in the industry.
- Technological Innovation: The NuScale NPM is designed to produce reliable process steam at temperatures of 500°C or higher, exceeding the capabilities of light water reactors, which signifies a substantial advancement in the application of nuclear energy within the petrochemical sector.
- Project Timeline and Goals: The project is currently underway, with the compressor expected to be completed by 2027, and the partners are actively seeking candidates for the next phase of field testing, indicating a proactive approach to future market demands.
- Industry Conference Presentation: NuScale and Ebara will showcase their collaboration progress at the World Petrochemical Conference in Houston, where NuScale's CTO will present on “Reframing Nuclear Heat: From Future Concept to Commercial Reality,” further enhancing industry visibility.
See More
NuScale Power Class Action Reminder for Investors
- Class Action Deadline: NuScale Power Corporation reminds investors that April 20, 2026, is the deadline to apply for lead plaintiff status in the class action lawsuit, with late applications not considered by the court, potentially impacting investors' representation and decision-making in the litigation.
- Partnership Risk Disclosure: The lawsuit alleges that NuScale entrusted its critical commercialization strategy to ENTRA1 Energy LLC, which lacks any significant experience in building, financing, or operating nuclear projects, exposing NuScale's commercialization strategy to substantial undisclosed risks of failure.
- Financial Loss Exposure: On November 6, 2025, NuScale revealed a staggering 3,000% increase in general and administrative expenses to $519 million, primarily due to a $495 million payment to ENTRA1, resulting in a quarterly net loss of $532 million, significantly higher than the previous year's loss.
- Stock Price Plunge: Following the financial loss announcement, NuScale's stock price dropped 14.4% from $37.91 on November 5, 2025, to $32.46, and further declined to $17 by November 21, 2025, reflecting a more than 70% decrease from its class period high, indicating severe market pessimism about the company's future prospects.
See More
NuScale Power Accused of Misleading Investors in Class Action
- Lawsuit Background: Robbins LLP reminds shareholders of a class action filed on behalf of investors who purchased NuScale Power (NYSE:SMR) Class A shares between May 13, 2025, and November 6, 2025, alleging the company misled investors regarding its business prospects.
- Financial Crisis: During the class period, NuScale's general and administrative expenses surged over 3,000% to $519 million, primarily due to a $495 million payment to ENTRA1, resulting in a quarterly net loss skyrocketing to $532 million, up from $46 million in the prior year.
- Stock Price Plunge: Following the financial disclosures, NuScale's Class A shares dropped over 12% within two days, from approximately $32 on November 6, 2025, to about $28 by November 10, with the stock continuing to decline to a low of $17 by November 21, representing a more than 70% drop from its peak.
- Investor Action: Shareholders wishing to serve as lead plaintiffs in the class action must submit their papers by April 20, 2026, with Robbins LLP offering contingency fee representation, ensuring no fees or expenses for shareholders involved in the litigation.
See More
Faruqi & Faruqi Investigates NuScale Securities Litigation
- Litigation Investigation: Faruq & Faruqi LLP is investigating potential claims against NuScale Power Corporation for alleged violations of federal securities laws during the period from May 13 to November 6, 2025, with a deadline for investors to apply as lead plaintiffs by April 20, 2026.
- Financial Loss Exposure: NuScale unexpectedly revealed a more than 3,000% surge in general and administrative expenses to $519 million in Q3 2025, primarily due to a $495 million payment to ENTRA1, resulting in a quarterly net loss skyrocketing to $532 million, up from $46 million in the previous year.
- Stock Price Volatility: Following the earnings report on November 6, 2025, NuScale's Class A shares fell over 12% in two days, dropping from approximately $32 to about $28, and continued to decline to a low of just $17 per share by November 21, 2025, representing a more than 70% drop from the class period high of over $57.
- Investor Rights Reminder: Faruq & Faruqi LLP encourages any individuals with information regarding NuScale's conduct, including whistleblowers and former employees, to contact the firm for further information, ensuring that investors' rights are protected.
See More
Class Action Reminder for Ostin Technology Group and NuScale Power Investors
- Ostin Technology Group Lawsuit: Ostin Technology Group is facing a class action lawsuit for alleged securities fraud, with accusations against its CEO and financial advisor for orchestrating a scheme that generated over $110 million in illicit proceeds, resulting in investors suffering losses exceeding $950 million and a 94% drop in market capitalization on June 26, 2025.
- Fraudulent Securities Offerings: Starting in April 2025, Ostin's management allegedly engineered fraudulent securities offerings that transferred the majority of shares to co-conspirators, inflating the stock price from $0.78 to $9.40, with market capitalization exceeding $1 billion, all based on deceptive promotions.
- NuScale Power Lawsuit: NuScale Power is also facing a class action lawsuit, accused of failing to disclose that its partnership with ENTRA1 Energy LLC lacked significant operational experience, exposing its commercialization strategy to substantial risks, leading to investor losses once the truth emerged.
- Law Firm Involvement: Bragar Eagel & Squire, P.C. is the law firm representing the investors, reminding them to apply to be lead plaintiffs within the specified deadlines, which are April 17, 2026, for Ostin and April 20, 2026, for NuScale.
See More
NuScale Power Faces Class Action Lawsuit
- Financial Loss Surge: NuScale Power reported a staggering 3,000% increase in general and administrative expenses to $519 million in Q3 2025, resulting in a quarterly net loss of $532 million, a significant rise from $46 million the previous year, indicating severe deterioration in the company's financial health.
- Contractual Risk Exposure: The $495 million payment to ENTRA1 Energy LLC raises concerns about NuScale's commercialization strategy in nuclear projects, especially given ENTRA1's lack of relevant project experience, which could lead to delays or failures in future initiatives.
- Analyst Scrutiny: A report from Guggenheim Securities criticized ENTRA1 as a three-year-old company with no successful projects, suggesting that NuScale's partnership choices lacked due diligence, potentially undermining investor confidence.
- Stock Price Plunge: Following the earnings announcement, NuScale's stock price fell by $4.03, or 12.4%, over two days to close at $28.43 per share, directly impacting investor asset values and prompting the initiation of a class action lawsuit.
See More
NuScale and Ebara Collaborate on Steam Compressor Development
- Collaborative Development: NuScale Power and Ebara Elliott Energy are partnering to develop a commercial-scale high-temperature steam compressor, aimed at integrating NuScale Power Modules™ with petrochemical plants requiring process heat, potentially transforming nuclear technology applications in the industry.
- Technological Innovation: The NuScale NPM is designed to produce reliable process steam at temperatures of 500°C or higher, exceeding the capabilities of light water reactors, which signifies a substantial advancement in the application of nuclear energy within the petrochemical sector.
- Project Timeline and Goals: The project is currently underway, with the compressor expected to be completed by 2027, and the partners are actively seeking candidates for the next phase of field testing, indicating a proactive approach to future market demands.
- Industry Conference Presentation: NuScale and Ebara will showcase their collaboration progress at the World Petrochemical Conference in Houston, where NuScale's CTO will present on “Reframing Nuclear Heat: From Future Concept to Commercial Reality,” further enhancing industry visibility.
See More
NuScale Power Class Action Reminder for Investors
- Class Action Deadline: NuScale Power Corporation reminds investors that April 20, 2026, is the deadline to apply for lead plaintiff status in the class action lawsuit, with late applications not considered by the court, potentially impacting investors' representation and decision-making in the litigation.
- Partnership Risk Disclosure: The lawsuit alleges that NuScale entrusted its critical commercialization strategy to ENTRA1 Energy LLC, which lacks any significant experience in building, financing, or operating nuclear projects, exposing NuScale's commercialization strategy to substantial undisclosed risks of failure.
- Financial Loss Exposure: On November 6, 2025, NuScale revealed a staggering 3,000% increase in general and administrative expenses to $519 million, primarily due to a $495 million payment to ENTRA1, resulting in a quarterly net loss of $532 million, significantly higher than the previous year's loss.
- Stock Price Plunge: Following the financial loss announcement, NuScale's stock price dropped 14.4% from $37.91 on November 5, 2025, to $32.46, and further declined to $17 by November 21, 2025, reflecting a more than 70% decrease from its class period high, indicating severe market pessimism about the company's future prospects.
See More
NuScale Power Accused of Misleading Investors in Class Action
- Lawsuit Background: Robbins LLP reminds shareholders of a class action filed on behalf of investors who purchased NuScale Power (NYSE:SMR) Class A shares between May 13, 2025, and November 6, 2025, alleging the company misled investors regarding its business prospects.
- Financial Crisis: During the class period, NuScale's general and administrative expenses surged over 3,000% to $519 million, primarily due to a $495 million payment to ENTRA1, resulting in a quarterly net loss skyrocketing to $532 million, up from $46 million in the prior year.
- Stock Price Plunge: Following the financial disclosures, NuScale's Class A shares dropped over 12% within two days, from approximately $32 on November 6, 2025, to about $28 by November 10, with the stock continuing to decline to a low of $17 by November 21, representing a more than 70% drop from its peak.
- Investor Action: Shareholders wishing to serve as lead plaintiffs in the class action must submit their papers by April 20, 2026, with Robbins LLP offering contingency fee representation, ensuring no fees or expenses for shareholders involved in the litigation.
See More
Faruqi & Faruqi Investigates NuScale Securities Litigation
- Litigation Investigation: Faruq & Faruqi LLP is investigating potential claims against NuScale Power Corporation for alleged violations of federal securities laws during the period from May 13 to November 6, 2025, with a deadline for investors to apply as lead plaintiffs by April 20, 2026.
- Financial Loss Exposure: NuScale unexpectedly revealed a more than 3,000% surge in general and administrative expenses to $519 million in Q3 2025, primarily due to a $495 million payment to ENTRA1, resulting in a quarterly net loss skyrocketing to $532 million, up from $46 million in the previous year.
- Stock Price Volatility: Following the earnings report on November 6, 2025, NuScale's Class A shares fell over 12% in two days, dropping from approximately $32 to about $28, and continued to decline to a low of just $17 per share by November 21, 2025, representing a more than 70% drop from the class period high of over $57.
- Investor Rights Reminder: Faruq & Faruqi LLP encourages any individuals with information regarding NuScale's conduct, including whistleblowers and former employees, to contact the firm for further information, ensuring that investors' rights are protected.
See More
