Core Viewpoint - A class action lawsuit has been filed against Fermi Inc. on behalf of investors who acquired Fermi securities during the specified Class Period, alleging misleading statements regarding tenant demand and project funding [1][3]. Group 1: Lawsuit Details - The lawsuit targets Fermi Inc. for allegedly misleading investors about the demand for its Project Matador AI campus and the status of its funding [3]. - It is claimed that the construction financing for Project Matador was reliant on a single tenant's funding commitment, which posed a significant risk of withdrawal [3]. Group 2: Company Background - Fermi Inc. is headquartered in Amarillo, Texas, and aims to establish a network of large, grid-independent data centers powered by various energy sources including nuclear, natural gas, solar, and battery energy [2]. Group 3: Investor Information - Investors who purchased Fermi securities during the Class Period have until March 6, 2026, to seek appointment as lead plaintiff representatives [2].
NASDAQ: FRMI CLASS ACTION NOTICE: Berger Montague Encourages Fermi Inc. (NASDAQ: FRMI) Investors to Inquire About a Securities Fraud Class Action