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 [3][8]. Allegation Details - The lawsuit claims that Fermi overstated tenant demand for its Project Matador campus [3] - It is alleged that the company did not adequately disclose its reliance on a single tenant's funding commitment for the project's financing [3] - There is a significant risk that the tenant may terminate its funding commitment, which was not disclosed [3] - As a result, the positive statements made by the defendants about the company's business were misleading and lacked a reasonable basis [3] Next Steps - Investors who purchased Fermi shares and suffered losses can contact the law firm for more information and to discuss their legal rights [4][8] - The deadline for investors to apply to be appointed as lead plaintiff in the lawsuit is March 6, 2026 [8]
FERMI CLASS ACTION REMINDER: Bragar Eagel & Squire, P.C. Urges Fermi, Inc. Stockholders to Contact the Firm Regarding Their Rights Before March 6th