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].
Lost Money on Fermi Inc.(FRMI)? Join Class Action Suit Seeking Recovery – Contact The Gross Law Firm