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Hagens Berman investigates Fervo after 16% share plunge and IPO disclosure concerns

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  • Hagens Berman opened an investigation into Fervo’s IPO disclosures about transmission curtailment risks.
  • Fervo shares fell $4.01, or 16%, to $20.16 on Aug. 12, 2026.
  • Fervo completed its IPO on May 14, 2026, issuing 80.5 million shares at $27 each.
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