#United States #New York #Levi & Korsinsky #Fermi Inc. #FRMI

Overview of the Class Action

On January 9, 2026, Levi & Korsinsky, LLP alerted investors of Fermi Inc. (NASDAQ: FRMI) regarding a class action securities lawsuit that has been filed against the company. This legal action is particularly focused on the allegations of securities fraud, which purportedly affected investors who purchased stocks of Fermi Inc. during a specific period leading up to its initial public offering (IPO).

Class Definition and Details

The particular class that the lawsuit aims to represent is made up of individuals and institutional investors who either bought common stock following the registration statement linked to the October 2025 IPO or who acquired securities at any point between October 1, 2025, and December 11, 2025. The main contention is that company officials made misleading claims that inflated the Company’s operational prospects and tenant demands.

Specific Allegations:
1. Fermi Inc. allegedly exaggerated the demand from tenants for its Project Matador campus, misrepresenting the necessity for substantial, ongoing financial commitments from a single funding entity.
2. Claims were made about the robustness and reliability of this tenant's commitment without disclosing the significant risk that this financial support could be withdrawn. Thus, the positive assertions made throughout this period were deemed materially misleading and lacked a reasonable basis.

Next Steps for Affected Investors

Investors with losses linked to Fermi Inc. during the specified period have until March 6, 2026, to request the court appoint them as lead plaintiffs. Even if you do not take on this role, participation in the class action may still entitle you to financial compensation.

No Cost to Class Members

For individuals who are included in this class, participation in the lawsuit is free, which means there are no costs or fees required upfront to join the case. Those involved could potentially receive compensation based on the recovery achieved through the lawsuit.

Why Choose Levi & Korsinsky?

Levi & Korsinsky has been a leading firm in the field of securities litigation for over 20 years. With a proven track record of retrieving hundreds of millions in damages for their clients, the firm stands out for its expertise in complex cases and boasts a team of more than 70 professionals dedicated to serving investor clients. Additionally, the firm has consistently been recognized in the Top 50 Report by ISS Securities Class Action Services as one of the premier firms in the United States handling securities matters.

Contact Information

For those interested in discussing their potential participation in this class action, please reach out to Levi & Korsinsky at:

• - Email: [email protected]
• - Phone: (212) 363-7500
• - Address: 33 Whitehall Street, 27th Floor, New York, NY 10004

Conclusion

The looming deadline provides a critical opportunity for Fermi Inc. investors who have suffered losses due to the reported misrepresentations. With expert legal assistance from Levi & Korsinsky, investors can pursue achievable restoration of their investments without additional financial burden.