Fermi Inc. class action lawsuit filed over IPO and financial misrepresentation allegations.

Friday, Feb 13, 2026 2:27 am ET1min read
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Fermi Inc. (NASDAQ: FRMI) is facing a class action lawsuit for violating federal securities laws. The lawsuit alleges that the company made false and misleading statements about its "Project Matador" campus, which relied on funding from a single potential tenant. Shareholders who purchased FRMI shares during the IPO in October 2025 or between October 1 and December 11, 2025, are encouraged to contact the firm regarding possible lead plaintiff appointments. The deadline for the lawsuit is March 6, 2026.

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