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Nuclear Engineering International

Nuclear Engineering International

NuScale faces investor fraud investigation

Nuclear Engineering International
Summary
Nutrition label

83% Informative

US law firm Pomerantz LLP is investigating claims on behalf of investors of NuScale Power Corporation .

The investigation concerns whether NuScale and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

Hunterbrook Media reported that the SEC was conducting an “active and ongoing” investigation into NuScale .

NuScale appeared to be leading the field to deploy the first small modular reactor ( SMR ) In January 2024 , NuScale had to lay off 28% of its workforce.

NuScale ’s application for NRC approval of a 77 MWe version is on track to conclude by mid-2025 .

VR Score

83

Informative language

83

Neutral language

47

Article tone

formal

Language

English

Language complexity

69

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links