LOS ANGELES, Jan. 08, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Fermi, Inc., (“Fermi” or the "Company") (NASDAQ: FRMI) investors off a class action on behalf of investors that bought securities between February 26, 2025 and August 4, 2025, inclusive (the “Class Period”). agilon investors have until March 2, 2026 to file a lead plaintiff motion. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: lesley@portnoylaw.com, to discuss their legal rights, or ...

NEW YORK, Jan. 08, 2026 (GLOBE NEWSWIRE) -- Leading international securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Fermi Inc. (NASDAQ: FRMI), certain of the Company’s senior executives and directors, and underwriters of Fermi’s Initial Public Offering after a significant stock drop resulting from potential violations of the federal securities laws. If you invested in Fermi, you are encouraged to obtain additional information by visiting: https://www ...

Core Viewpoint - A class action has been filed against Fermi Inc. for allegedly misleading investors regarding its business prospects, particularly related to its Project Matador campus [1][2]. Allegations - Fermi Inc. is accused of failing to disclose that it overstated tenant demand for its Project Matador campus [2] - The company did not adequately inform investors about its reliance on a single tenant's funding commitment for the construction of Project Matador [2] - There was a significant risk that the tenant could terminate its funding commitment, which was not disclosed to investors [2] Stock Price Impact - On December 12, 2025, Fermi announced that the first tenant for Project Matador had terminated a $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] Class Action Participation - Shareholders interested in serving as lead plaintiffs must submit their papers by March 6, 2026, but participation is not required for recovery [4] - Shareholders can remain absent class members if they choose not to take action [4] Legal Representation - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses [5]

Core Viewpoint - A class action lawsuit has been filed against Fermi Inc. by Berger Montague 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] Company Overview - Fermi Inc., based in Amarillo, Texas, aims to develop a network of large, grid-independent data centers powered by nuclear, natural gas, solar, and battery energy [3] Project Details - Fermi's flagship initiative, "Project Matador," is designed to create the world's largest private energy campus, providing dedicated power for AI data centers [3] Allegations in Lawsuit - The lawsuit claims that during the Class Period, Fermi misled investors about tenant demand for Project Matador and the project's funding status [4] - It is alleged that Fermi did not disclose that the construction financing for Project Matador was heavily reliant on a single tenant's funding commitment, which posed a significant risk of termination [4] Impact of Tenant Termination - On December 12, 2025, Fermi announced that the first tenant for Project Matador had terminated a $150 million Advance in Aid of Construction Agreement, leading to a nearly 34% drop in Fermi's share price, closing at $10.09 per share [5]

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP reminds investors of the upcoming March 6, 2026 deadline to file a lead plaintiff motion in the class action filed on behalf of Fermi Inc. ("Fermi†or the "Company†) (NASDAQ: FRMI) investors who purchased: (a) common stock pursuant and/or traceable to the registration statement and prospectus (collectively, the "Registration Statement†) issued in connection with the Company's October 2025 initial public offering ("IPO†or the "Offering†); and/or ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses in Fermi to Contact Him Directly to Discuss Their OptionsIf you purchased or otherwise acquired securities in Fermi (a) common stock pursuant and/or traceable to the registration statement and prospectus (collectively, the "Registration Statement") issued in connection with the Company's October 2025 initial public offering ("IPO" or the "Offering"); and/or (b) securities between October 1, 2025 ...

NEW YORK--(BUSINESS WIRE)---- $FRMI #AI--Fermi Inc. Announces Cancellation of $150 million Customer Agreement Triggering Securities Class Action after Stock Drops Over 33% - Contact BFA Law. ...

Core Viewpoint - The Fermi Inc. class action lawsuit alleges violations of securities laws related to its October 2025 IPO, with claims of misleading statements regarding tenant demand and funding commitments for its Project Matador campus [2][4]. Group 1: Class Action Details - The class action lawsuit is titled Lupia v. Fermi Inc., No. 26-cv-00050 (S.D.N.Y.) and involves Fermi, its executives, and IPO underwriters [2]. - Investors who purchased Fermi common stock during the IPO or between October 1, 2025, and December 11, 2025, can seek to be appointed as lead plaintiff by March 6, 2026 [1][7]. Group 2: Allegations Against Fermi - The lawsuit claims that Fermi overstated tenant demand for its Project Matador campus and failed to disclose reliance on a single tenant's funding commitment [4]. - It is alleged that there was a significant risk of the tenant terminating its funding commitment, which was not disclosed [4]. - On December 12, 2025, Fermi announced that the first tenant for Project Matador had terminated a $150 million funding agreement, leading to a nearly 34% drop in stock price [5]. Group 3: Stock Performance - Following the IPO, Fermi's stock price fell from $21.00 per share to as low as $8.59 per share, representing a 59% decline [6]. Group 4: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [8].

SAN FRANCISCO, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Hyperscaler development company Fermi Inc. (NASDAQ: FRMI) is facing a proposed securities class action stemming from its highly anticipated initial public offering completed just weeks before stunning the investment community with its December announcement that the prospective anchor tenant (“First Tenant”) for the company’s Project Matador (the company’s Advanced Energy and Intelligence Campus at Texas Tech University) terminated an agreement that would have ...

What Is This Lawsuit About? The lawsuit alleges that (1) the Company overstated its tenant demand for its Project Matador campus; (2) the extent to which Project Matador would rely on a single tenant's funding commitment to finance the construction of Project Matador; and (3) there was a significant risk that that tenant would terminate its funding commitment. [CONTACT THE FIRM IF YOU SUFFERED A LOSS] NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP announces that a class action lawsuit has be ...