Investigation into Securities Fraud at New Era Energy & Digital, Inc. (NUAI) Announced

Glancy Prongay & Murray LLP, a prominent national law firm specializing in protecting the rights of shareholders, has initiated an investigation on behalf of investors in New Era Energy & Digital, Inc. (NUAI) regarding potential violations of federal securities laws.

The investigation was prompted by a report published by Fuzzy Panda on December 12, 2025, which made various allegations against New Era, particularly targeting the Company’s CEO. The report claimed that the CEO has a questionable past, with a pattern of engaging in related-party transactions, making false promises, and engaging in paid stock promotions that led to significant losses for retail investors. Furthermore, it was alleged that the company allocated significantly more funds towards stock promotions compared to operating its oil and gas wells.

Following the release of this report, New Era’s stock experienced a notable decline, dropping by $0.25, or 6.9%, and closing at $3.35 per share on December 12, 2025, causing harm to investors.

Subsequently, on December 29, 2025, media reports emerged stating that the New Mexico Attorney General had filed a lawsuit accusing New Era, its CEO, and affiliated entities of orchestrating a fraudulent oil and gas scheme. The lawsuit alleged that the Company used shell companies to evade environmental obligations related to inactive wells, further damaging the Company’s reputation and causing its stock price to plummet by $1.87, or 41%, and close at $2.69 per share on December 29, 2025, inflicting additional financial losses on investors.

Investors who wish to learn more about the investigation or have questions pertaining to their rights in this matter are encouraged to reach out to Glancy Prongay & Murray LLP. The firm, with its team of nearly 40 attorneys spread across four offices nationwide, specializes in representing investors and consumers in complex class action litigation involving securities, among other areas. Notably, GPM has a track record of securing significant settlements for its clients and has been recognized for its achievements in various industry publications.

Moreover, individuals with confidential information about New Era are urged to consider their options to assist the investigation, including participating in the SEC Whistleblower Program. This program offers incentives to whistleblowers providing original information that leads to successful SEC recoveries, with rewards potentially amounting to 30% of the recovery.

Overall, Glancy Prongay & Murray LLP remains committed to advocating for the rights of investors and consumers, and individuals seeking more information or looking to participate in the investigation are encouraged to contact the firm for further assistance.