Core Viewpoint - A class action lawsuit has been filed against Fermi Inc. by Berger Montague PC on behalf of investors who acquired Fermi securities during the Class Period from October 1, 2025, to December 11, 2025, including its initial public offering on October 1, 2025 [1][2]. 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]. Lawsuit Allegations - The lawsuit claims that during the Class Period, Fermi misled investors about tenant demand for its Project Matador AI campus and the status of funding for that project [3]. - It is alleged that the construction financing for Project Matador was contingent on a single tenant's funding commitment, and there was a significant risk that this tenant could withdraw support, leading to public statements lacking a reasonable basis [3].
ATTENTION FERMI INC. (FRMI) SHAREHOLDERS: Securities Fraud Lawsuit Filed Against Fermi Inc.