Core Viewpoint - Fermi Inc. is facing a class action lawsuit due to allegations of securities fraud related to its Project Matador campus, with significant implications for investors who purchased shares during the specified class period [3][4]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased Fermi securities between September 28, 2025, and December 11, 2025, alleging that the company overstated tenant demand for its Project Matador campus [3]. - Allegations include the reliance on a single tenant's funding commitment for financing the construction of Project Matador and the risk of that tenant terminating its funding commitment [3]. - Fermi's share price dropped significantly after the announcement that the first tenant had terminated a $150 million funding agreement, leading to a decline of approximately 33.8% from $15.25 to $10.09 per share [4]. Group 2: Investor Actions - Investors who suffered losses on their Fermi investments have until March 6, 2026, to request lead plaintiff appointment, which is crucial for overseeing the litigation [2]. - Individual investors can be appointed as lead plaintiffs, influencing key decisions in the lawsuit [2]. - Interested parties are encouraged to contact Kirby McInerney LLP for more information regarding their rights and interests in the lawsuit [5].

Core Viewpoint - Robbins LLP is investigating allegations that Fermi Inc. misled investors regarding its business prospects, particularly related to its Project Matador campus [2]. Group 1: Allegations and Misleading Information - Fermi Inc. allegedly overstated tenant demand for its Project Matador campus [2]. - The company did not disclose the reliance on a single tenant's funding commitment for financing the construction of Project Matador [2]. - There was a significant risk that the tenant could terminate its funding commitment, which was not communicated to investors [2]. Group 2: Impact on Stock Price - On December 12, 2025, Fermi revealed that the first tenant for Project Matador had terminated its $150 million funding agreement, leading to a stock price drop of $5.16 per share, or 33.8%, closing at $10.09 [3]. - By the time of the class action announcement, Fermi's stock had traded as low as $8.59 per share, representing a 59% decline from the IPO price of $21.00 per share [3]. Group 3: Class Action Participation - Shareholders may be eligible to participate in the class action against Fermi Inc., with a deadline to submit papers to the court by March 6, 2026, for those wishing to serve as lead plaintiff [4]. - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [4].

Core Viewpoint - A class action lawsuit has been filed against Fermi Inc. by Berger Montague PC on behalf of investors who acquired Fermi securities during the Class Period from October 1, 2025, to December 11, 2025, including its IPO on October 1, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit alleges that Fermi misled investors about tenant demand for its Project Matador AI campus and the status of funding for the project [3]. - It is claimed that the construction financing for Project Matador was reliant on a single tenant's funding commitment, which posed a significant risk of withdrawal [3]. - The defendants' public statements are alleged to have lacked a reasonable basis due to these concealed risks [3]. Group 2: Company Overview - Fermi Inc. is headquartered in Amarillo, Texas, and aims to establish a network of large, grid-independent data centers powered by nuclear, natural gas, solar, and battery energy [2].

Core Viewpoint - Hagens Berman is notifying investors about a securities class action against Fermi Inc. due to alleged misleading information regarding tenant demand and funding for its "Project Matador" AI campus [1][4]. Group 1: Class Action Details - The lead plaintiff deadline for the class action is set for March 6, 2026 [3][8]. - The class period for the lawsuit covers from October 1, 2025, to December 11, 2025 [3][8]. - The core allegation involves overstated tenant demand and undisclosed risks related to the primary anchor tenant [3][7]. Group 2: Stock Price Impact - Following the announcement of the termination of the $150 million Advance in Aid of Construction Agreement by the First Tenant, Fermi's stock price dropped by 33.8% in a single day, falling to $10.09 per share, which is over 50% below its IPO price of $21.00 [5][8]. Group 3: Project Matador Overview - Fermi's "Project Matador" is described as a multi-gigawatt energy and data center development aimed at supporting AI needs [4]. - The project was initially supported by an agreement with an investment-grade tenant, which included a significant funding commitment [4].

Core Viewpoint - A class action lawsuit has been filed against Fermi Inc. and its executives due to significant stock price drops linked to potential violations of federal securities laws [1][3]. Group 1: Lawsuit Details - The lawsuit asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, as well as claims under Sections 11 and 15 of the Securities Act of 1933 [3]. - Investors have until March 6, 2026, to request to lead the case, which is pending in the U.S. District Court for the Southern District of New York [3]. Group 2: Company Background - Fermi Inc. is an energy and AI infrastructure company aiming to build large-scale nuclear reactors to support grid-independent data centers for AI companies [4]. - The company's flagship project, Project Matador, is designed to provide dedicated power for AI workloads [4]. Group 3: IPO and Allegations - Fermi completed its IPO in October 2025, claiming strong demand for Project Matador and securing a 20-year lease with an investment-grade-rated tenant [5]. - Allegations suggest that Fermi overstated tenant demand and misrepresented the agreement with the First Tenant [6]. Group 4: Stock Price Impact - Following the announcement that the First Tenant terminated the Advance in Aid of Construction Agreement, Fermi's stock dropped by $5.16 per share, over 33%, from $15.25 to $10.09 on December 12, 2025 [7].

Core Viewpoint - Hagens Berman is notifying investors about a securities class action against Fermi Inc. regarding misleading information related to tenant demand and funding for its "Project Matador" AI campus [1][6]. Summary by Relevant Sections Class Action Details - The lead plaintiff deadline for the class action is set for March 6, 2026 [2]. - The class period for the lawsuit is from October 1, 2025, to December 11, 2025 [2]. - The core allegation involves overstated tenant demand and undisclosed risks associated with the primary anchor tenant [2][6]. Stock Price Impact - Following the announcement of the termination of the AICA agreement by the First Tenant, Fermi's stock price dropped by 33.8% in a single day, falling to $10.09 per share, which is over 50% below its IPO price of $21.00 [4][7]. Project Matador Overview - Fermi's "Project Matador" is described as a multi-gigawatt energy and data center development aimed at supporting AI needs [3]. - The company had previously highlighted a $150 million Advance in Aid of Construction Agreement with an investment-grade tenant, which is now under scrutiny due to the tenant's exit [3][6]. Investigation Insights - Hagens Berman is investigating whether Fermi's management was transparent about the actual status of Project Matador [5].

Core Viewpoint - A class action lawsuit has been filed against Fermi Inc. and its executives due to significant stock price drop attributed to potential violations of federal securities laws [1][3]. Company Overview - Fermi Inc. is an energy and AI infrastructure company focused on building large-scale nuclear reactors to support grid-independent data centers for AI companies [4]. - The company's flagship project is Project Matador, designed to provide dedicated power for AI workloads [4]. IPO and Allegations - Fermi completed its IPO in October 2025, claiming strong demand for Project Matador and securing a 20-year lease with an investment-grade-rated tenant [5]. - Allegations suggest that Fermi overstated tenant demand and misrepresented the agreement with the First Tenant [6]. Stock Price Impact - On December 12, 2025, Fermi's stock dropped by $5.16 per share, over 33%, following the termination of the Advance in Aid of Construction Agreement by the First Tenant [7].

Core Viewpoint - A class action lawsuit has been filed against Fermi Inc. and its executives due to significant stock price drops linked to potential violations of federal securities laws [1][3]. Company Overview - Fermi Inc. is an energy and AI infrastructure company aiming to construct large-scale nuclear reactors to support grid-independent data centers for AI companies [4]. - The company's flagship project is Project Matador, designed to provide dedicated power for AI workloads [4]. IPO and Allegations - Fermi completed its IPO in October 2025, claiming strong demand for Project Matador and securing a 20-year lease with an investment-grade-rated tenant [5]. - Allegations suggest that Fermi overstated tenant demand and misrepresented the agreement with the First Tenant [6]. Stock Price Impact - On December 12, 2025, Fermi's stock dropped by $5.16 per share, over 33%, following the termination of the Advance in Aid of Construction Agreement by the First Tenant [7].

Core Viewpoint - A class action lawsuit has been filed against Fermi Inc. and its executives due to significant stock price drops linked to alleged violations of federal securities laws [1][3]. Group 1: Lawsuit Details - The lawsuit claims securities fraud under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, as well as claims under Sections 11 and 15 of the Securities Act of 1933 [3]. - Investors have until March 6, 2026, to request to lead the case, which is currently pending in the U.S. District Court for the Southern District of New York [3]. Group 2: Company Background - Fermi Inc. is an energy and AI infrastructure company focused on building large-scale nuclear reactors to support grid-independent data centers for AI workloads [4]. - The company's flagship project, Project Matador, is designed to provide dedicated power for AI operations [4]. Group 3: IPO and Allegations - Fermi completed its IPO in October 2025, claiming strong demand for Project Matador and securing a 20-year lease with an investment-grade-rated tenant [5]. - Allegations suggest that Fermi overstated tenant demand and misrepresented the agreement with the First Tenant [6]. Group 4: Stock Price Impact - Following the announcement that the First Tenant terminated the Advance in Aid of Construction Agreement, Fermi's stock dropped by $5.16 per share, over 33%, from $15.25 to $10.09 on December 12, 2025 [7].

Core Viewpoint - A class action lawsuit has been filed against Fermi Inc. by Berger Montague PC on behalf of investors who acquired Fermi securities during the Class Period from October 1, 2025, to December 11, 2025, including its IPO on October 1, 2025 [1] Company Overview - Fermi Inc., based in Amarillo, Texas, aims to establish a network of large, grid-independent data centers powered by nuclear, natural gas, solar, and battery energy [3] - The company's flagship initiative, "Project Matador," is designed to create the world's largest private energy campus, providing dedicated power for AI data centers [3] Lawsuit Details - The lawsuit claims that investors became aware of Fermi's true prospects on December 12, 2025, when the company disclosed that the first tenant for the Project Matador AI campus had terminated a $150 million Advance in Aid of Construction Agreement, which was intended to cover construction costs [4] - Following this announcement, Fermi's stock price dropped by $5.16 per share, nearly 34%, closing at $10.09 per share on December 12, 2025 [4]