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ATM No 254 2026 APR 20
SMR Deadline: NuScale Power Corporation Securities Fraud Lawsuit
- NuScale Power is facing a significant legal challenge as the April 20, 2026, lead plaintiff deadline approaches for a class-action lawsuit alleging securities fraud.
- Investors claim the company misrepresented the financial and commercial viability of its technology, impacting stock stability.
- The case is a major focal point for the SMR industry as it could influence future investment and regulatory trust.
Nuclear ETFs Top Returns, Outpacing Semiconductors
- South Korean nuclear ETFs are outperforming semiconductors as AI data centers drive massive power demand and Middle East tensions rise.
- Analysts predict a 324 GWe global market by 2040, offering South Korea a potential $20 billion in annual orders.
- The nuclear industry, including Small Modular Reactors (SMRs), is being hailed as a "quantum jump" opportunity for South Korea's overseas construction and energy exports.
N.B. enlists Ontario engineers to get nuclear plant operating reliably
- NB Power partnered with Ontario Power Generation in a $25 million annual deal to stabilize the aging Point Lepreau nuclear plant.
- The facility provides 40% of New Brunswick’s power but requires expert engineering to ensure reliable operation through 2029.
- This collaboration addresses regional energy security concerns amid rising maintenance challenges for older reactors.
