Investigation underway for securities fraud in New Era Energy & Digital, Inc.

The Law Offices of Frank R. Cruz is currently conducting an investigation into New Era Energy & Digital, Inc. on behalf of investors to determine if the Company has violated any federal securities laws. The investigation focuses on allegations made by Fuzzy Panda in a report published on December 12, 2025. The report claimed that New Era’s CEO has a history of being involved in companies with sketchy related party dealings, false promises, and paid stock promotions, resulting in significant losses for retail investors.

According to the report, retail investors have historically experienced an average decline of 98% in companies led by New Era’s CEO. It was also alleged that the company spent significantly more on stock promotions than on operating its oil and gas wells. Subsequently, New Era’s stock price dropped by 6.9% to $3.35 per share on December 12, 2025, resulting in losses for investors.

Further damaging news emerged on December 29, 2025, when media outlets reported that the New Mexico Attorney General had filed a lawsuit against New Era, its CEO, and a network of affiliated companies. The lawsuit accused the company of orchestrating a fraudulent oil-and-gas scheme using shell companies to evade environmental responsibilities such as plugging inactive wells. In response to this news, New Era’s stock price plummeted by 41% to $2.69 per share on December 29, 2025, inflicting additional losses on investors.

If you purchased securities of New Era Energy & Digital, Inc., have relevant information, or wish to understand more about the claims against the Company, please contact The Law Offices of Frank R. Cruz. You can reach out to them at their Century City, California office or contact them via phone or email. It is crucial to stay informed about your rights and interests concerning these matters, and seeking legal advice is advisable if you have been affected by the alleged violations.

In summary, the investigation by The Law Offices of Frank R. Cruz seeks to uncover potential breaches of federal securities laws by New Era Energy & Digital, Inc. and its key personnel. Investors who have suffered losses due to the alleged misconduct are encouraged to seek legal assistance and explore their options for recovery. Stay informed and stay up to date with any developments regarding this investigation through The Law Offices of Frank R. Cruz’s website and follow them on Twitter for regular updates.