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News  ›  GlobeNewswire Inc.

Bronstein, Gewirtz & Grossman LLC Urges Fermi Inc. Investors to Act: Class Action Filed Alleging Investor Harm

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Bronstein, Gewirtz & Grossman Llc
Bronstein, Gewirtz & Grossman LLC Urges Fermi Inc. Investors to Act: Class Action Filed Alleging Investor Harm

A class action lawsuit has been filed against Fermi Inc. (NASDAQ: FRMI) alleging that the company made materially false and misleading statements regarding its Project Matador campus, including overstating tenant demand and concealing reliance on a single tenant's funding commitment. The lawsuit covers investors who purchased Fermi securities during its October 2025 IPO or between October 1 and December 11, 2025. The lead plaintiff deadline is March 6, 2026.

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FRMI   negative

The company is the subject of a securities fraud class action lawsuit alleging material misstatements and omissions regarding Project Matador's tenant demand and funding commitments, which directly harms investor confidence and shareholder value.