Fervo Energy Company (NASDAQ: FRVO)

This investigation is for anyone who acquired securities in Fervo Energy Company (NASDAQ: FRVO) prior to October 6, 2026.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by lying to investors about the Company’s ability to harness geothermal energy.

On October 6, 2026, Morpheus Research published a short report alleging that “Fervo has failed to disclose existential issues related to inconsistent production temperatures and premature thermal decline, excessive water loss, seismicity-related equipment damage, transmission capacity, and ballooning costs. In some cases, Fervo appears to have presented altered data and made material misstatements to investors, including in its [initial public offering] registration statement filed with the [United States Securities and Exchange Commission].” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Fervo Energy Company (NASDAQ: FRVO) prior to October 6, 2026 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.