{"id":942298,"date":"2026-03-05T11:59:30","date_gmt":"2026-03-05T16:59:30","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-approaching-berger-montague-advises-fermi-inc-nasdaq-frmi-investors-to-inquire-about-a-securities-fraud-class-action-by-march-6-2026\/"},"modified":"2026-03-05T11:59:30","modified_gmt":"2026-03-05T16:59:30","slug":"deadline-approaching-berger-montague-advises-fermi-inc-nasdaq-frmi-investors-to-inquire-about-a-securities-fraud-class-action-by-march-6-2026","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-approaching-berger-montague-advises-fermi-inc-nasdaq-frmi-investors-to-inquire-about-a-securities-fraud-class-action-by-march-6-2026\/","title":{"rendered":"DEADLINE APPROACHING: Berger Montague Advises Fermi Inc. (NASDAQ: FRMI) Investors to Inquire About a Securities Fraud Class Action by March 6, 2026"},"content":{"rendered":"
\n

PHILADELPHIA, March 05, 2026 (GLOBE NEWSWIRE) — National plaintiffs\u2019 law firm\u00a0Berger Montague PC<\/u><\/a> announces that a class action lawsuit has been filed against Fermi Inc. (NASDAQ: FRMI) <\/strong>(\u201cFermi\u201d or the \u201cCompany\u201d) on behalf of investors who purchased or otherwise acquired Fermi securities during the period of\u00a0October 1, 2025 through December 11, 2025 (<\/strong>the \u201cClass Period\u201d), including in the Company\u2019s initial public offering on October 1, 2025.<\/p>\n

\n
\n Investor Deadline:<\/em>
\n <\/strong>
\n Investors who purchased Fermi<\/em>
\n securities during the Class Period may, no later than <\/em>
\n
\n March 6, 2026<\/em>
\n <\/strong>
\n , seek to be appointed as a lead plaintiff representative of the class. To learn your rights,<\/em>
\n
\n
\n CLICK HERE<\/u>
\n <\/strong>
\n <\/a>.<\/p>\n

Fermi, headquartered in Amarillo, Texas, plans to create a network of large, grid-independent data centers powered by nuclear, natural gas, solar, and battery energy. Fermi\u2019s flagship project, \u201cProject Matador,\u201d is intended to establish the world\u2019s largest private energy campus, furnishing dedicated power for AI data centers.<\/p>\n

The lawsuit alleges that during the Class Period, defendants misled investors regarding tenant demand for the Company\u2019s Project Matador campus and the status of funding for that project. The complaint further alleges that defendants did not disclose that Project Matador\u2019s construction financing depended heavily on a single tenant\u2019s funding commitment, nor the significant risk that the tenant could terminate that commitment.<\/p>\n

On December 12, 2025, Fermi revealed that the first tenant for the Project Matador AI campus had terminated its $150 million Advance in Aid of Construction Agreement, which would have supplied construction costs for the facility. In response, Fermi shares fell $5.16 per share, or nearly 34%, to close at $10.09 per share on December 12, 2025.<\/p>\n

\n
\n If you are a Fermi investor and would like to learn more about this action, <\/em>
\n <\/strong>
\n
\n
\n
\n CLICK HERE<\/u>
\n <\/em>
\n <\/strong>
\n <\/a>
\n
\n or please contact Berger Montague: Andrew Abramowitz at <\/em>
\n <\/strong>
\n
\n
\n
\n aabramowitz@bergermontague.com<\/u>
\n <\/em>
\n <\/strong>
\n <\/a>
\n
\n or (215) 875-3015, or Caitlin Adorni at <\/em>
\n <\/strong>
\n
\n
\n
\n cadorni@bergermontague.com<\/u>
\n <\/em>
\n <\/strong>
\n <\/a>
\n
\n or (267)764-4865.<\/em>
\n <\/strong>\n <\/p>\n

\n About Berger Montague<\/strong>
\n
Berger Montague is one of the nation\u2019s preeminent law firms focusing on complex civil litigation, class actions, and mass torts in federal and state courts throughout the United States. With more than $2.4 billion in 2025 post-trial judgments alone, the Firm is a leader in the fields of complex litigation, antitrust, consumer protection, defective products, environmental law, employment law, securities, and whistleblower cases, among many other practice areas. For over 55 years, Berger Montague has played leading roles in precedent-setting cases and has recovered over $50 billion for its clients and the classes they have represented. Berger Montague is headquartered in Philadelphia and has offices in Chicago; Malvern, PA; Minneapolis; San Diego; San Francisco; Toronto, Canada; Washington, D.C., and Wilmington, DE.<\/p>\n

\n For more information or to discuss your rights, please contact:<\/strong>
\n
Andrew Abramowitz
Senior Counsel<\/em>
Berger Montague
(215) 875-3015
aabramowitz@bergermontague.com<\/p>\n

Caitlin Adorni
Director of Portfolio & Institutional Client Monitoring Services<\/em>
Berger Montague
(267) 764-4865
cadorni@bergermontague.com<\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

PHILADELPHIA, March 05, 2026 (GLOBE NEWSWIRE) — National plaintiffs\u2019 law firm\u00a0Berger Montague PC announces that a class action lawsuit has been filed against Fermi Inc. (NASDAQ: FRMI) (\u201cFermi\u201d or the \u201cCompany\u201d) on behalf of investors who purchased or otherwise acquired Fermi securities during the period of\u00a0October 1, 2025 through December 11, 2025 (the \u201cClass Period\u201d), including in the Company\u2019s initial public offering on October 1, 2025. Investor Deadline: Investors who purchased Fermi securities during the Class Period may, no later than March 6, 2026 , seek to be appointed as a lead plaintiff representative of the class. To learn your rights, CLICK HERE . Fermi, headquartered in Amarillo, Texas, plans to create a network of large, grid-independent data centers powered … <\/p>\n

Continue reading “DEADLINE APPROACHING: Berger Montague Advises Fermi Inc. (NASDAQ: FRMI) Investors to Inquire About a Securities Fraud Class Action by March 6, 2026”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-942298","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nDEADLINE APPROACHING: Berger Montague Advises Fermi Inc. 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