On May 21, 2025, Judge Karin J. Immergut of the United States District Court for the District of Oregon granted a motion to dismiss a proposed securities fraud class action against a nuclear energy company (the “Company”) and certain of its officers (the “Individual Defendants”) asserting claims under Sections 10(b) and 20(a) of the Securities Exchange Act (the “Exchange Act”) and Rule 10b-5. Sigman v. NuScale Power Corp., et al. , Nos. 3:23-cv-01689-IM, 3:23-cv-1956-IM (D. Ore. May 21, 2025). Plaintiffs alleged that defendants misrepresented the status and profitability of two major nuclear projects and the existence and materiality of an SEC inquiry. The Court held plaintiffs failed to plead falsity and dismissed the complaint with leave to amend.

Plaintiffs alleged defendants mad

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