NEW YORK, Jan. 30, 2026 (GLOBE NEWSWIRE) -- Leading 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.bfalaw.com/cas ...

NEW YORK, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Fermi Inc. ("Fermi Inc." or the "Company") (NASDAQ: FRMI) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Fermi Inc. investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Fermi: (a) common stock pursuant and/or traceable to the registration statement and prospectus i ...

Core Viewpoint - A class action lawsuit has been filed against Fermi, Inc. for allegedly making materially false and misleading statements regarding its business operations and prospects, particularly concerning the Project Matador campus [4][7]. Allegation Details - The lawsuit claims that Fermi overstated tenant demand for its Project Matador campus [4]. - It is alleged that the company did not adequately disclose its reliance on a single tenant's funding commitment for the construction of Project Matador [4]. - There is a significant risk that the tenant could terminate its funding commitment, which was not disclosed [4]. - As a result of these issues, the positive statements made by the defendants about the company's business were misleading and lacked a reasonable basis [4]. Next Steps - Investors who purchased Fermi shares and suffered losses are encouraged to contact the law firm Bragar Eagel & Squire for more information and to discuss their legal rights [5][7]. - The deadline for investors to apply to be appointed as lead plaintiff in the lawsuit is March 6, 2026 [7].

New York, New York--(Newsfile Corp. - January 29, 2026) - Leading 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://ww ...

Core Viewpoint - Fermi Inc. is facing a securities class action lawsuit due to allegations of misrepresentation regarding the demand for its Project Matador AI data center and the stability of its primary tenant, leading to a significant stock price decline of nearly 34% following the termination of a $150 million funding agreement [1][2][7]. Allegations and Legal Proceedings - The lawsuit claims that Fermi's IPO materials exaggerated the demand for Project Matador to secure investor financing [3][7]. - The complaint highlights that Fermi failed to disclose the risks associated with relying on a single tenant for funding, which ultimately led to the termination of the Advance in Aid of Construction Agreement (AICA) [2][7]. - Following the announcement of the AICA termination on December 12, 2025, Fermi's stock price dropped by 33.8%, with shares trading as low as $8.59, representing a 59% decline from the IPO price of $21.00 [2][7]. Class Action Details - The class action lawsuit aims to represent investors who purchased Fermi shares during the October 2025 IPO or in the open market between October 1, 2025, and December 11, 2025 [6][7]. - The lead plaintiff deadline for the lawsuit is set for March 6, 2026 [6].

Core Viewpoint - A shareholder has filed a securities class action lawsuit against Fermi Inc. for alleged misrepresentations in the Registration Statement related to tenant demand at the Company's Project Matador campus during the Class Period from October 1, 2025, to December 11, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased or acquired Fermi securities either through the October 2025 IPO or during the specified Class Period [1]. - Defendants are accused of making misrepresentations regarding tenant demand, which may have impacted the stock's performance [2]. Group 2: Legal Process - Investors wishing to serve as lead plaintiff must file papers by March 6, 2026, and participation does not require serving as lead plaintiff to share in any recovery [3]. - All legal representation is on a contingency fee basis, meaning shareholders incur no fees or expenses [3]. Group 3: Firm Background - Bernstein Liebhard LLP has recovered over $3.5 billion for clients since 1993 and has represented both individual investors and large pension funds [4]. - The firm has been recognized multiple times for its success in litigating class actions, being named to The National Law Journal's "Plaintiffs' Hot List" and listed in The Legal 500 for several consecutive years [4].

Core Viewpoint - A class action lawsuit has been filed against Fermi Inc. for allegedly misleading investors regarding the demand for its Project Matador and the funding status during the class period from October 1, 2025, to December 11, 2025 [1][3]. 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]. - The company's flagship project, "Project Matador," is designed to create the world's largest private energy campus, providing dedicated power for AI data centers [2]. Lawsuit Details - The lawsuit claims that Fermi misled investors about tenant demand for Project Matador and the project's funding status [3]. - It is alleged that the construction financing for Project Matador was heavily reliant on a single tenant's funding commitment, which was not disclosed to investors [3]. - The lawsuit highlights the significant risk that the tenant could terminate its funding commitment, which was not communicated to investors [3]. Impact of Tenant Termination - On December 12, 2025, Fermi announced that the first tenant for the Project Matador AI campus had terminated its $150 million Advance in Aid of Construction Agreement, leading to a significant drop in Fermi's share price by nearly 34%, closing at $10.09 per share [4].

NEW YORK, Jan. 29, 2026 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Fermi Inc. (NASDAQ: FRMI). Shareholders who purchased shares of FRMI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE:https://securitiesclasslaw.com/securities/fermi-inc-loss-submission-form/?id=183280&from=4  CLASS PERIOD: This lawsuit is on behalf o ...

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][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 purchases made between October 1, 2025, and December 11, 2025 [3][8]. - The core allegation involves overstated tenant demand and undisclosed risks associated with the primary anchor tenant [3][7]. Group 2: Stock Price Impact - Following 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, closing at $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 company had previously highlighted an agreement with an investment-grade tenant as part of its IPO materials [4].

Core Viewpoint - The Gross Law Firm is notifying shareholders of Fermi Inc. regarding a class action lawsuit due to alleged misleading statements made by the company during its initial public offering and subsequent period [1][4]. Group 1: Class Action Details - The class period for the lawsuit includes shares purchased during the initial public offering in October 2025 and securities acquired between October 1, 2025, and December 11, 2025 [3]. - Shareholders are encouraged to contact the Gross Law Firm for possible lead plaintiff appointment, although this is not required to participate in any recovery [1][5]. Group 2: Allegations Against Fermi Inc. - The complaint alleges that Fermi Inc. overstated tenant demand for its Project Matador campus and failed to disclose reliance on a single tenant's funding commitment [4]. - It is claimed that there was a significant risk of the tenant terminating its funding commitment, which was not disclosed, leading to misleading positive statements about the company's business and prospects [4]. Group 3: Next Steps for Shareholders - Shareholders must register by March 6, 2026, to participate in the class action and will be enrolled in a portfolio monitoring software for updates on the case [5]. - There is no cost or obligation for shareholders to participate in the case [5]. Group 4: About the Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [6]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [6].