Securities Fraud Investigation Into New Era Energy & Digital, Inc. (NUAI) Announced – Shareholders Who Lost Money Urged to Contact The Law Offices of Frank R. Cruz

LOS ANGELES–(BUSINESS WIRE)–The Law Offices of Frank R. Cruz announces an investigation of New Era Energy & Digital, Inc. (“New Era” or the “Company”) (NASDAQ: NUAI) on behalf of investors concerning the Company’s possible violations of federal securities laws.

IF YOU ARE AN INVESTOR WHO LOST MONEY ON NEW ERA ENERGY & DIGITAL, INC. (NUAI), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.

What Is the Investigation About?

On December 12, 2025, Fuzzy Panda published a report alleging, among other things, that New Era’s CEO has “a long history” and that “the story” of each company he has led is “basically the same: sketchy related party dealings, false promises and paid stock promotion often using the same promoters. And each time, retail investors lost big — on average, [his] companies DECLINE -98%.” The report further alleged that the company spent 2.5 times more on stock promotions than on operating its oil and gas wells.

On this news, New Era’s stock fell $0.25, or 6.9%, to close at $3.35 per share on December 12, 2025, thereby injuring investors.

Then, on December 29, 2025, media outlets reported that the New Mexico Attorney General had filed a lawsuit alleging that the Company, its CEO, and a network of affiliated companies orchestrated a fraudulent oil-and-gas scheme using shell companies to avoid environmental responsibilities such as plugging inactive wells.

On this news, New Era’s stock price fell $1.87, or 41%, to close at $2.69 per share on December 29, 2025, thereby injuring investors further.

Contact Us to Participate or Learn More:

If you purchased New Era securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:

The Law Offices of Frank R. Cruz

2121 Avenue of the Stars, Suite 800

Century City, California 90067

Call us at: 310-914-5007

Email us at: [email protected]
Visit our website at: www.frankcruzlaw.com.

Follow us for updates on Twitter at twitter.com/FRC_LAW.

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts

The Law Offices of Frank R. Cruz, Los Angeles

Frank R. Cruz

310-914-5007

[email protected]
www.frankcruzlaw.com