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Fermi Inc. Investors Who Have Lost Money Should Contact Block & Leviton to Find Out How They Might Recover Money Through The Firm's Investigation
Globenewswire· 2025-12-17 21:19
Core Viewpoint - Block & Leviton is investigating Fermi Inc. for potential securities law violations following a significant drop in share price after the termination of a major funding agreement [1][2]. Group 1: Company Overview - Fermi Inc. is publicly traded on Nasdaq under the ticker FRMI and recently experienced a share price decline of over 30%, falling below its IPO price of $21 per share [2]. - The decline was triggered by the termination of an agreement with a prospective customer for up to $150 million in funding for Fermi's 'Project Matador' AI data center and power campus [2]. Group 2: Legal Investigation - Block & Leviton is investigating whether Fermi Inc. committed securities law violations related to its IPO registration statements [4]. - The firm is reaching out to investors who have lost money in Fermi Inc. to inform them about potential recovery options [1][3]. Group 3: Investor Actions - Investors who purchased Fermi Inc. common stock and have experienced a loss may be eligible to participate in the investigation, regardless of whether they have sold their shares [3]. - Block & Leviton encourages affected investors to contact them for more information on recovery options [5]. Group 4: Whistleblower Information - Individuals with non-public information about Fermi Inc. are encouraged to assist in the investigation or report to the SEC under the whistleblower program, which offers rewards of up to 30% of any successful recovery [6]. Group 5: Firm Reputation - Block & Leviton is recognized as a leading securities class action firm, having recovered billions for defrauded investors and representing many top institutional investors [7].
Fermi (FRMI) Climbs 13% as Funds Flow Back to AI
Yahoo Finance· 2025-12-17 17:03
Core Viewpoint - Fermi Inc. (NASDAQ:FRMI) has shown strong performance with a 13.39% increase in stock price, driven by renewed investor interest in AI and high-performance computing sectors after a previous downturn [1][2]. Group 1: Stock Performance - Fermi Inc. surged by 13.39% to close at $9.74 as investors returned to AI and high-performance computing stocks [1]. - The stock rallied alongside other AI companies, indicating a broader recovery in the technology sector [2]. Group 2: Leasing Agreement and Tenant Withdrawal - Fermi experienced a decline prior to the surge due to a major tenant withdrawing from a $150 million leasing agreement [3]. - The company is currently in discussions with other potential tenants for leasing agreements [4]. Group 3: Data Center Development - Fermi's data center campus in Texas, with a capacity of 11 GW, is supported by a power supply agreement with Southwestern Public Service Company for up to 200 MW of power [4].
FRMI Investors Have Opportunity to Join Fermi Inc. Fraud Investigation with the Schall Law Firm
Prnewswire· 2025-12-17 00:17
Core Viewpoint - The Schall Law Firm is investigating claims against Fermi Inc. for potential violations of securities laws following a significant drop in the company's stock price due to a terminated lease agreement [1][2]. Group 1: Company Overview - Fermi Inc. is a power developer co-founded by former Texas governor Rick Perry [2]. - The company is involved in developing an artificial intelligence campus in West Texas [2]. Group 2: Recent Developments - Fermi's stock price fell by as much as 46% after a tenant terminated a $150 million lease agreement related to its AI campus project [2]. - The investigation by the Schall Law Firm focuses on whether Fermi issued false or misleading statements or failed to disclose important information to investors [2].
Fermi Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights - FRMI
Prnewswire· 2025-12-17 00:17
Core Viewpoint - DJS Law Group is investigating claims against Fermi Inc. for potential violations of securities laws following a significant drop in its stock price due to a failed funding deal [1][2]. Investigation Details - The investigation centers on whether Fermi issued misleading statements or failed to disclose critical information to investors [2]. - A Barron's article reported that Fermi's stock plummeted by 43% after the company announced a $150 million funding deal with a major tenant had fallen through [2]. - Following this news, Fermi's shares fell by over 35% during morning trading on December 12, 2025 [2]. Legal Representation - DJS Law Group specializes in securities class actions and corporate governance litigation, representing large hedge funds and alternative asset managers [4].
INVESTOR ALERT: Investigation of Fermi Inc. (FRMI) by Holzer & Holzer, LLC
Globenewswire· 2025-12-16 22:15
ATLANTA, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether Fermi Inc. (“Fermi” or the “Company”) (NASDAQ: FRMI) complied with federal securities laws. On December 11, 2025, the First Tenant notified Fermi that it is terminating the Advance in Aid of Construction Agreement. Following this news, the price of the Company’s stock dropped. If you purchased Fermi stock and suffered a loss on that investment, you are encouraged to contact Corey Holzer, Esq. at cholzer@holzerlaw.com or ...
Why New AI IPO Stock Fermi Is Rebounding After Plunging Over 40% in 2 Days
The Motley Fool· 2025-12-16 20:04
Fermi is building a massive power grid to support AI data centers, but it just faced a major setback.Fermi (FRMI +13.50%) is perhaps among the few artificial intelligence (AI) stocks you'd not have heard about until its recent wild price swings. The stock soared 17.2% at its highest point in trading on Tuesday, but that's after a 44% plunge over the previous two trading days. Is this a dead cat bounce or an opportunity to buy Fermi before it's too late? What does Fermi do, and what's going on with its stock ...
Cementos Pacasmayo, Rezolve AI, Emerald Holding And Other Big Stocks Moving Higher On Monday - Ascentage Pharma Group (NASDAQ:AAPG), Affirm Holdings (NASDAQ:AFRM)
Benzinga· 2025-12-16 15:53
Group 1 - U.S. stocks experienced a decline, with the Dow Jones index dropping over 100 points on Tuesday [1] - Cementos Pacasmayo SAA – ADR shares surged 47.4% to $10.30 following Holcim's agreement to acquire 50.01% of its owner, Inversiones Aspi. S.A. [1] Group 2 - Rezolve AI PLC reported preliminary December revenue results, leading to a 23.7% increase in its stock price to $2.87 [2] - Emerald Holding Inc announced a review of potential strategic options, resulting in a 17% rise in its stock price to $4.14 [2] - NovaBay Pharmaceuticals Inc's stock increased by 16.2% to $3.15 [2] - Tilray Brands Inc saw a 15% surge in its stock price to $12.57 [2] - Clearpoint Neuro Inc's stock jumped 14.2% to $14.14 [2] - Fermi Inc gained 11.4%, reaching $9.57 [2] - Sezzle Inc authorized a $100 million stock buyback, leading to a 9.6% increase in its stock price to $72.49 [2] - WW International Inc launched a new platform for the GLP-1 era, resulting in a 7.8% gain to $26.19 [2] - Circle Internet Group Inc rose 7.7% to $81.24 [2] - Lemonade Inc's stock surged 7.4% to $80.59 [2] - Netskope Inc gained 6.9%, reaching $20.37 [2] - Ascentage Pharma Group International's stock rose 6% to $29.26 [2] - RH's stock increased by 5.5% to $172.60, with Barclays analyst maintaining an Overweight rating and lowering the price target from $385 to $283 [2] - Affirm Holdings Inc gained 4.4%, reaching $68.56 [2]
Fermi (FRMI) Nosedives 15% as Partner Withdraws from Deal
Yahoo Finance· 2025-12-16 15:30
We recently published 10 Stocks Facing Selling Pressure Ahead of Christmas. Fermi Inc. (NASDAQ:FRMI) is one of the biggest losers on Monday. Fermi extended its losing streak to a fourth consecutive day on Monday, dropping 14.87 percent to close at $8.59 apiece as news that one of its major tenants pulled out from an earlier leasing agreement continued to dent investor sentiment. In a regulatory filing last week, Fermi Inc. (NASDAQ:FRMI) said that one of its unnamed prospective tenants, which it inked a $ ...
Fermi Inc. INVESTIGATION: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud on behalf of Investors (FRMI)
Globenewswire· 2025-12-15 23:00
Core Viewpoint - Kirby McInerney LLP is investigating potential claims against Fermi Inc. regarding possible violations of federal securities laws or unlawful business practices [1]. Group 1: Company Overview - Fermi Inc. began trading on NASDAQ on October 1, 2025, at a price of $21.00 per share following its Initial Public Offering [3]. - The company faced a significant setback when its first tenant for the Project Matador AI campus terminated a $150 million Advance in Aid of Construction Agreement [3]. Group 2: Market Reaction - Following the announcement of the tenant's termination, Fermi's share price dropped by $5.16, which is approximately 33.8%, closing at $10.09 on December 12, 2025, down from $15.25 on December 11, 2025 [3].
Scott+Scott Attorneys at Law LLP Alerts Investors of Its Investigation Into Fermi Inc. (NASDAQ: FRMI)
Globenewswire· 2025-12-15 21:28
NEW YORK, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Scott+Scott Attorneys at Law LLP (“Scott+Scott”), a shareholder and consumer rights litigation firm, is investigating whether Fermi Inc. (“Fermi” or the “Company”) (NASDAQ: FRMI) or certain of its officers and directors issued misleading and false statements and/or failed to disclose information material to investors in violation of federal securities laws. CLICK HERE TO RECEIVE ADDITIONAL INFORMATION ABOUT THIS POTENTIAL CLASS ACTION Fermi seeks to deliver energy ...