#United States #Robbins Geller #San Diego #Class Action #Fermi Inc.

Fermi Inc. Investors: A Call to Action

In the wake of disappointing news about Fermi Inc. (NASDAQ: FRMI), investors who purchased common stock during the company's initial public offering (IPO) in October 2025 have a unique opportunity to stand up and be heard. Robbins Geller Rudman & Dowd LLP has announced the possibility for affected shareholders to plea for lead plaintiff appointment in a class action lawsuit against Fermi Inc. This legal action stems from significant losses suffered by investors as Fermi revealed critical issues regarding its Project Matador AI campus.

Background on Fermi Inc.

Fermi Inc. touted itself as a pioneering enterprise at the crossroads of energy and artificial intelligence infrastructure. The company went public by selling 37,375,000 shares at an initial price of $21.00 each. However, the optimism surrounding this IPO soon faded as troubling truths began to surface. Allegations from the class action lawsuit state that the company misled investors regarding crucial details of its operations, particularly the demand for its Project Matador campus.

Fermi's lofty promises about tenant demand were contradicted when, just months after its IPO, it disclosed that the main funding source for Project Matador—a $150 million agreement with a potential tenant—had been abruptly terminated. This revelation led to a spiraling drop in stock prices, nearly 34%, highlighting the reality that the company’s financial stability was far less secure than portrayed.

The Class Action Lawsuit

The class action summary alleges that the defendants, including executives and underwriters of Fermi's IPO, violated the Securities Act of 1933 and the Securities Exchange Act of 1934. Investors who acquired shares from October 1, 2025, to December 11, 2025, can participate in this action which seeks accountability from Fermi for the misleading statements made during the IPO process and throughout the subsequent trading period.

With the stock price plummeting to a low of $8.59—a staggering 59% fall from the IPO price—investors are now more likely to act in seeking relief. The lead plaintiff's role is crucial as it not only helps guide the lawsuit but also represents all other investors affected by similar losses.

How to Get Involved

Those who believe they qualify and wish to seek the role of lead plaintiff must act before the March 6, 2026 deadline. Potential plaintiffs can find further details by visiting Robbins Geller's website. Included in their inquiry, they can indicate their intent to participate, providing essential contact information for follow-up.

The lead plaintiff will not only have the chance to influence the case but also can choose the legal representation they trust to navigate the complexities of securities law. It’s essential to remember that involvement as a lead plaintiff does not limit other investors’ abilities to seek future restitution. Every voice counts in this movement toward accountability.

About Robbins Geller

Robbins Geller Rudman & Dowd LLP is recognized globally for its commitment to representing investors in securities fraud and shareholder litigation. With a proven track record of securing considerable recoveries for victims of financial fraud, the firm aims to deliver justice to Fermi's investors as part of this class action lawsuit. In 2024 alone, they recovered over $2.5 billion for investors across various cases, consistently earning top rankings for their performance. To learn more about their other endeavors or to seek legal representation, check their official website.

As the landscape surrounding Fermi continues to evolve, investors are urged to take action, stay informed, and join the fight for justice that can safeguard investor interests.