#USA #New York #Class Action #Pomerantz LLP #Fermi Inc.

Class Action Alert for Fermi Inc. Investors

Fermi Inc. (NASDAQ: FRMI) is currently embroiled in a significant class action lawsuit as filed by the renowned Pomerantz Law Firm. This alert serves as a reminder for investors who have incurred losses through their investments in Fermi to take prompt action. The firm is urging those affected to consider joining the class action, which raises serious allegations of securities fraud against the company and its executives.

Background of the Lawsuit

The class action lawsuit stems from the company's initial public offering (IPO), which took place on or around October 1, 2025. Fermi launched approximately 32.5 million shares at an initial price of $21.00 each. However, the company's fortunes took a downturn following the announcement on December 12, 2025, regarding the termination of a crucial $150 million Advance in Aid of Construction Agreement. This agreement was supposed to cover construction costs for the Fermi's Project Matador data center campus. Following this revelation, Fermi's stock price began to plummet, causing severe financial damage to investors who purchased shares during the IPO.

Important Legal Dates and Steps

Investors have until March 6, 2026, to request to be appointed as Lead Plaintiff in this class action lawsuit. Those who have purchased or otherwise acquired Fermi securities around the time of its IPO are encouraged to act swiftly. Interested parties should reach out to Danielle Peyton at Pomerantz LLP via phone (646-581-9980 or toll-free 888.4-POMLAW, Ext. 7980) or email at [email protected]. When contacting, investors should provide their mailing address, phone number, and the number of shares they purchased to facilitate their inclusion in the class action.

For those who wish to review the complaint details, a copy can be accessed directly on the Pomerantz Law Firm's website.

Pomerantz LLP's Role and Reputation

Founded by the late Abraham L. Pomerantz — often referred to as the pioneer of class action law — Pomerantz LLP has a long-standing foundation in protecting the rights of investors and consumers in cases of securities fraud, breaches of fiduciary duty, and corporate misconduct. With over 85 years of experience, the firm has successfully secured multimillion-dollar damages on behalf of class members. Its significant presence across multiple cities including New York, Chicago, Los Angeles, London, Paris, and Tel Aviv underscores its capacity to lead in corporate, securities, and antitrust class litigation.

Conclusion

As Fermi Inc. faces serious allegations, it is critical for affected investors to understand their rights and the options available to reclaim their losses. The ongoing class action lawsuit represents a vital opportunity for those impacted by the company's financial missteps post-IPO. Swift action is encouraged to ensure participation in this legal process, recognizing that the window for recovery is limited. Interested investors should remain informed and proactive in collaboration with experienced legal representation to navigate this challenging period effectively.