Rick Perry's AI Energy Co. Hit With Post-IPO Lawsuit

By Jessica Corso · January 6, 2026, 5:35 PM EST

An artificial intelligence infrastructure company co-founded by former Texas Gov. Rick Perry is facing a proposed class action accusing it of overselling its key development in order to secure $745.7 million...

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Documents

Case Information

Case Title

Lupia v. Fermi Inc. et al

Case Number

1:26-cv-00050

Court

New York Southern

Nature of Suit

Securities/Commodities

Date Filed

January 05, 2026