#USA #Robbins Geller #San Diego #Class Action #Fermi Inc.

Investors Alert: Class Action Lawsuit Opportunity for Fermi Inc.

Fermi Inc. (NASDAQ: FRMI) has announced a significant opportunity for investors who have incurred substantial losses in their stock. The upcoming class action lawsuit is spearheaded by Robbins Geller Rudman & Dowd LLP, a prestigious law firm known for leading successful securities fraud litigations.

Background on Fermi Inc.

Fermi, a company focused on energy and AI infrastructure, had its initial public offering (IPO) in October 2025. During this IPO, approximately 37,375,000 shares of common stock were sold at a price of $21.00 per share. However, recent developments have raised concerns among investors about the reliability and accuracy of the information presented during this offering.

Allegations Against Fermi

The class action lawsuit arises from allegations against Fermi, as well as its executives and directors, claiming they violated the Securities Act of 1933. The suit alleges that false and misleading statements were made regarding tenant demand for their Project Matador AI campus. Notably, it is claimed that the company overstated its tenant demand and the financial commitments underlying the campus funding.

On December 12, 2025, it was revealed that the first tenant for Project Matador had terminated its $150 million funding agreement. Following this announcement, Fermi's stock price plummeted nearly 34%, signaling a severe loss for many investors.

As of now, Fermi's stock has declined to as low as $8.59 per share, reflecting a staggering 59% decrease from the IPO price. This steep decline underscores the gravity of the situation for investors affected by the misleading statements.

Who Can Lead the Class Action Lawsuit?

Investors who bought Fermi's common stock—either through the IPO or during the class period (October 1, 2025, to December 11, 2025)—are encouraged to participate in the class action lawsuit, which is officially titled Lupia v. Fermi Inc., bearing the case number 26-cv-00050 in the Southern District of New York. The deadline to seek appointment as lead plaintiff is March 6, 2026.

Under the Private Securities Litigation Reform Act of 1995, investors can nominate themselves to lead the lawsuit if they have the largest financial stake in the damages claimed and are representative of the class of affected investors. By serving as the lead plaintiff, one can direct the course of the litigation and work with a law firm of their choosing.

About Robbins Geller

Robbins Geller Rudman & Dowd LLP holds a strong reputation in the field of securities litigation, having secured the highest compensation for investors in the history of such cases. In 2024 alone, they recovered over $2.5 billion for their clients, making them a formidable ally for investors pursuing justice against fraudulent corporate practices.

If you are a Fermi Inc. investor who has suffered losses and are interested in becoming the lead plaintiff in the class action lawsuit, more information and assistance can be found at Robbins Geller's official website. You may also contact attorney J.C. Sanchez directly at 800-449-4900 or via email at [email protected] to explore your options further and understand your rights as an investor during this critical time.

This situation not only highlights the potential risks involved in investment but also the importance of accountability among corporations and their executives. As proceedings move forward, it is crucial for affected investors to stay informed and actively participate to seek the justice they deserve.