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NuScale faces investor fraud investigation
US law firm Pomerantz LLP is investigating claims on behalf of investors of NuScale Power Corporation. The investigation concerns whether…
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is a leading firm in the areas of corporate, securities, and antitrust class litigation. “As the only SMR certified by the US Nuclear Regulatory Commission, NuScale is uniquely prepared to deliver in a customer environment intensely focused on near-term deployment of carbon free power,” he said. However, project complexity and risk aversion among potential offtakers had affected NuScale’s efforts to close revenue-generating customer agreements, Hopkins said during a subsequent conference call.
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