#USA #New York #Class Action #Gross Law Firm #Fermi Inc

Fermi Inc. Class Action Lawsuit Overview

The Gross Law Firm has issued a critical announcement aimed at shareholders of Fermi Inc. (NASDAQ: FRMI). This notice serves as a reminder regarding a pending class action lawsuit that involves investors who acquired shares during a specified period. The deadline for interested shareholders to register as lead plaintiffs is set for March 6, 2026.

What Does This Mean for Shareholders?

Shareholders are encouraged to contact the Gross Law Firm if they purchased shares of FRMI during the class period, which is defined as between October 1, 2025, and December 11, 2025. This class action largely addresses allegations that the company may have issued materially misleading information regarding its operational performance, particularly concerning the Project Matador campus.

Allegations Detailed

The allegations made in this class action claim that Fermi Inc. overstated its tenant demand for the Project Matador campus. Notably, it is asserted that the company failed to disclose certain key facts:

1. Overstatement of Tenant Demand: The company allegedly exaggerated the extent of demand for its project, leading to misinformed investor expectations.
2. Reliance on a Single Tenant: There were concerns that the project's financial backing was overly reliant on a lone tenant's commitment, which posed significant risks.
3. Risk of Funding Termination: A potential risk was indicated regarding the possibility that the tenant could revoke its funding commitment at any time.
4. Misleading Positive Statements: The defendants made optimistic statements about the company’s business operations and prospects without reasonable factual grounds, thus misleading investors.

Call to Action for Shareholders

Fermi Inc. shareholders are urged not to delay in registering for this class action lawsuit. The Gross Law Firm stresses that engaging as a lead plaintiff is not a requisite for participating in any potential recovery from the lawsuit. Shareholders who have purchased shares are advised to complete the registration process, and they will gain access to monitoring software providing updates on the case's progress.

Next Steps and Deadlines

• - Registration Deadline: March 6, 2026
• - Registration Link: Shareholders can register online via: Fermi Inc. Loss Submission Form

No fees or obligations are attached to participating in this class action, ensuring that shareholders can safely engage without any financial commitment at this stage.

About Gross Law Firm

The Gross Law Firm is widely recognized for its commitment to legal rights in the investment community. With a focus on addressing corporate misconduct and fraud, the firm aims to serve as a guardian for all investors who may have suffered losses because of misleading corporate practices. They advocate for responsible business conduct and ethical corporate governance, reinforcing their pledge to hold companies accountable for their actions.

For more information, investors can reach out to the Gross Law Firm directly:

• - Address: 15 West 38th Street, 12th floor, New York, NY, 10018
• - Email: [email protected]
• - Phone: (646) 453-8903

Your rights as an investor matter; ensure your voice is heard and your potential losses addressed before the deadline passes.