INVESTIGATION ALERT: Edelson Lechtzin LLP Announces an Investigation into New Era Energy & Digital, Inc. (NASDAQ: NUAI) and Encourages Investors with Substantial Losses to Contact the Firm
PR Newswire
NEWTOWN, Pa., Jan. 8, 2026
NEWTOWN, Pa., Jan. 8, 2026 /PRNewswire/ -- Edelson Lechtzin LLP is investigating potential violations of the federal securities laws involving New Era Energy & Digital, Inc. ("New Era") (NASDAQ: NUAI), resulting from allegations of providing potentially misleading business information to the investing public.
If you have information that could assist in the New Era Investigation or if you are a New Era investor who suffered a loss and would like to learn more, you can provide your information HERE.
You can also contact attorney Eric Lechtzin by calling 844-563-5550, ext. 1, or via email at elechtzin@edelson-law.com.
THE COMPANY:
New Era Energy & Digital, Inc. develops and operates digital infrastructure and integrated power assets.
THE ALLEGED WRONGDOING:
On December 12, 2025, Investing.com published a report stating that Fuzzy Panda Research had issued an analysis of New Era, accusing the company of prioritizing stock promotion over its core oil and gas operations, and alleging that CEO E. Will Gray II had a long history of failed penny-stock ventures. On this news, New Era's stock price fell $0.25 per share, or 6.9%, to close at $3.35 on December 13, 2025.
Then, on December 29, 2025, short-seller firm Hunterbrook reported that the State of New Mexico had filed a lawsuit against New Era, its CEO, and related entities, alleging they operated a fraudulent oil-and-gas operation and shifted environmental cleanup costs to the state. The lawsuit claimed the scheme left New Mexico responsible for plugging costs associated with hundreds of abandoned wells. On this news, New Era's stock price fell another $2.19 per share, or 48.03%, over the following two trading sessions, to close at $2.37 per share on December 29, 2025.
ABOUT EDELSON LECHTZIN LLP: Edelson Lechtzin LLP is a national class action law firm with offices in Pennsylvania and California. In addition to cases involving securities and investment fraud, our lawyers focus on class and collective litigation alleging violations of the federal antitrust laws, ERISA employee benefit plans, wage theft and unpaid overtime, consumer fraud, and dangerous and defective drugs and medical devices.
For more information, please contact:
Eric Lechtzin, Esq.
EDELSON LECHTZIN LLP
411 S. State Street, Suite N-300
Newtown, PA 18940
Phone: 844-696-7492 ext. 1
Email: elechtzin@edelson-law.com
Web: www.edelson-law.com
This press release may be considered Attorney Advertising in some jurisdictions. No class has been certified in this case, so you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. Your ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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SOURCE Edelson Lechtzin LLP
