FRMI ALERT: Hagens Berman Scrutinizing Suit Against Fermi (FRMI) Over Alleged $150M Anchor Tenant Exit
Fermi Inc. (FRMI)
Company Research
Source: GlobeNewswire
SAN FRANCISCO, Feb. 05, 2026 (GLOBE NEWSWIRE) -- National shareholder rights law firm Hagens Berman is issuing an updated notice to investors in Fermi Inc. (NASDAQ: FRMI) regarding the March 6, 2026, lead plaintiff deadline in a pending securities class action against Fermi, certain of Fermi’s top executives and directors, and underwriters of Fermi’s Initial Public Offering (IPO). CLICK HERE TO SUBMIT YOUR FRMI LOSSES The litigation alleges that Fermi misrepresented the demand for its flagship “Project Matador”—a massive AI data center campus—and the stability of its primary anchor tenant. The complaint alleges that Defendants’ misstatements were allegedly revealed on Dec. 12, 2025, when Fermi disclosed that the first tenant for its anticipated Project Matador AI campus had terminated its $150 million Advance in Aid of Construction Agreement (AICA), which would have supplied construction costs for the facility. On this news, the price of Fermi stock fell nearly 34%, according
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FRMI
News
- SHAREHOLDER ALERT Bernstein Liebhard LLP Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against Fermi Inc. (NASDAQ: FRMI)GlobeNewswire
- Fermi Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - FRMIPR Newswire
- FRMI Investors Have Opportunity to Lead Fermi Inc. Securities Fraud Lawsuit with the Schall Law FirmPR Newswire
- FRMI ALERT: Hagens Berman Scrutinizing Suit Against Fermi (FRMI) Over Alleged $150M Anchor Tenant ExitGlobeNewswire
- Deadline Alert: Fermi Inc. (FRMI) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud LawsuitGlobeNewswire
FRMI
Sec Filings
- 12/12/25 - Form 8-K
- 11/14/25 - Form SCHEDULE
- 11/14/25 - Form SCHEDULE
- FRMI's page on the SEC website