Nuclear Expert Blasts NuScale (SMR) Amid Investor Suit Arising From Cancelled Idaho Project – Hagens Berman
SAN FRANCISCO, Jan. 01, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges NuScale Power Corporation (NYSE: SMR) investors who suffered substantial losses to submit your losses now .
- SAN FRANCISCO, Jan. 01, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges NuScale Power Corporation (NYSE: SMR) investors who suffered substantial losses to submit your losses now .
- In a recent interview with the Bulletin of the Atomic Scientists published on Dec. 18, 2023, Schneider, the lead author of the “World Nuclear Industry Status Report,” was asked to explain the demise of the Idaho project.
- Schneider reportedly responded, “What happened there is that NuScale had promised in 2008 that it would start generating power by 2015.
- Schneider’s comments come after the filing of a securities class action suit against NuScale and its executives stemming from the cancelled Idaho project.