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FRMI Investors Encouraged to Seek Lead Plaintiff Role in Fermi Inc. Securities Class Action with Johnson Fistel
Globenewswire· 2026-02-06 14:54
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 during the Class Period from October 1, 2025, to December 11, 2025 [1][3] Group 1: Lawsuit Details - The lawsuit seeks to recover losses for investors who purchased Fermi securities during the Class Period and/or through the Company's October 2025 initial public offering [1] - Investors have until March 6, 2026, to seek appointment as lead plaintiff if they suffered losses [2] Group 2: Allegations Against Fermi Inc. - Defendants allegedly failed to disclose significant risks associated with Project Matador, including overstatement of tenant demand and reliance on a single tenant's funding commitment [3][6] - The lawsuit claims that these omissions led to significant investor losses following disclosures about the risks [3][6]