Fermi Receives Subpoena From Eastern District of New York Over Project Matador

MT Newswires Live

Aug 17

Fermi (FRMI) received a subpoena from the US District Court for the Eastern District of New York on July 30 requesting documents related to Project Matador, the company and certain former management members, citing to a Friday filing.

The company also received a voluntary document-production request from the US Securities and Exchange Commission on Aug. 3 involving similar matters.

Fermi said both requests are broad and do not contain any allegations of wrongdoing and that it is fully cooperating with the EDNY and SEC, it added.

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