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 Inc. Investors Who Have Lost Money Should Contact Block & Leviton to Find Out How They Might Recover Money Through The Firm's Investigation