NEW YORK, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Fermi Inc. (“Fermi” or the “Company”) (NASDAQ: FRMI). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
The class action concerns whether Fermi and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
You have until March 6, 2026 to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired Fermi securities pursuant and/or traceable to Fermi’s initial public offering (“IPO”). A copy of the Complaint can be obtained at www.pomerantzlaw.com.
[Click here for information about joining the class action]
On or around October 1, 2025, Fermi completed its initial public offering (“IPO”) of 32.5 million shares priced at $21.00 per share. Then, on December 12, 2025, Fermi announced that the first potential tenant for the Company’s Project Matador data center campus had terminated its $150 million Advance in Aid of Construction Agreement, which would have supplied construction costs for the facility. Since the IPO, Fermi’s share price has fallen sharply, damaging investors.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Danielle Peyton
Pomerantz LLP
dpeyton@pomlaw.com
646-581-9980 ext. 7980
