FRMI ▲ +2.4% - Fermi Inc. $FRMI - Toby Neugebauer Sues Three Fermi Directors, Alleging a Coordinated Effort to Take Control of Company and Disenfranchise Fermi Shareholders According to the Complaint Fermi Inc. shares rose 2.4% following news that shareholder Toby Neugebauer has filed suit against three company directors, accusing them of orchestrating a coordinated effort to seize control and strip other shareholders of their voting rights. The lawsuit suggests internal governance disputes that may have prompted investor optimism about potential leadership changes or a resolution that could protect shareholder interests. 21-SEP-2026 09:04 AM ET