Formidable upgrade warning to v2 /v3

[samipshah100]

warning formidable-serverless > formidable@1.2.6: Please upgrade to latest, formidable@v2 or formidable@v3! Check these notes: https://bit.ly/2ZEqIau

[peaajiba]

I am also receiving this error:  WARN  deprecated formidable@1.2.6: Please upgrade to latest, formidable@v2 or formidable@v3! Check these notes: https://bit.ly/2ZEqIau

In my case, it seems that formidable-serverless@1.1.1 is using a deprecated version of formidable and is causing this error. Is there a way to fix this?