1. Fermi faces investigation for potential federal securities law violations. 2. Company's stock dropped 33.8% after tenant terminated construction agreement. 3. First tenant termination could indicate project execution challenges. 4. Investors encouraged to seek legal consultation for potential losses. 5. Fermi's stock price down over 50% since IPO, alarming shareholders.
FAQ
Why Very Bearish?
The investigation into Fermi signals serious legal and operational issues, reminiscent of cases like Peloton, which saw significant stock drops due to regulatory and execution failures.
How important is it?
The severity of the investigation and stock drop directly affects investor confidence and market perception.
Why Short Term?
Immediate stock volatility is expected as investors react to negative news and uncertainty surrounding potential legal ramifications, similar to historical reactions to poor earnings or significant operational missteps.
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Fermi (FRMI) To Contact Him Directly To Discuss Their Options
If you purchased or acquired Fermi IPOs and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Melissa Fortunato directly at (212) 355-4648.
Click here to participate in the action.
NEW YORK, Dec. 15, 2025 (GLOBE NEWSWIRE) --
What's Happening?
- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Fermi, Inc. ("Fermi" or the "Company") (NASDAQ:FRMI) on behalf of Fermi stockholders. Our investigation concerns whether Fermi has violated the federal securities laws and/or engaged in other unlawful business practices.
What are the Investigation Details?
- On October 1, 2025, Fermi began trading on the NASDAQ at $21.00 per share following its Initial Public Offering ("IPO").
- Then, on December 12, 2025, Fermi revealed the first tenant for the Company's anticipated Project Matador AI campus had terminated its $150 million Advance in Aid of Construction Agreement, which would have supplied construction costs for the facility.
- On this news, the Company's stock price fell $5.16 per share, or 33.8%, to close at $10.09 on December 12, 2025, a more than 50% decline from the Company's IPO price of $21.00 per share, thereby injuring investors.
What are the Next Steps?
- If you purchased or otherwise acquired Fermi shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at investigations@bespc.com, by telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, South Carolina, and California. The firm represents individual and institutional investors in securities, derivative, and commercial litigation as well as individuals in consumer protection and data privacy litigation. The firm has a nationwide practice and routinely handles cases in both federal and state courts. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
Follow us for updates on LinkedIn, X, and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn and X.
Contact Information:
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Melissa Fortunato, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com
