Fermi Inc. Faces Class Action Lawsuit Over Misleading IPO Claims

Monday, Jan 19, 2026 2:07 am ET1min read

A class action lawsuit has been filed against Fermi Inc. (NASDAQ: FRMI) for alleged violations of federal securities laws. Shareholders who purchased FRMI shares during its IPO in October 2025 and between October 2025 and December 2025 are encouraged to contact the firm regarding possible lead plaintiff appointments. The lawsuit alleges that Fermi made false and misleading statements about its reliance on a single potential tenant for funding. The deadline to join the lawsuit is March 6, 2026.

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