Robbins LLP is Investigating Allegations that New Era Energy & Digital, Inc.  (NUAI) Misled Investors Regarding Fraudulent Transfers, Self-Dealing, and False Statements

Robbins LLP informs stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired New Era Energy & Digital, Inc. (NASDAQ: NUAI) securities between November 6, 2024 and December 29, 2025.  New Era Energy, formerly known as New Era Helium (NASDAQ: NEHC), is an oil and natural gas company.

The Allegations:

According to the complaint, during the class period, defendants failed to disclose to investors: (1) the Company overstated its progress in its permitting and regulatory filings for its flagship Texas Critical Data Centers project; (2) the Company was involved in a fraudulent scheme “to pocket revenues from hundreds of oil and gas wells in New Mexico” by transferring wells among related entities and then placing liability-bearing companies into bankruptcy to avoid plugging and remediation costs; (3) that, as a result, the Company’s financial results were false and/or misleading; and (4) that, as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the truth was revealed, New Era's stock fell, harming investors.

What Now: You may be eligible to participate in the class action against New Era Energy & Digital, Inc. Shareholders who wish to serve as lead plaintiff for the class should contact Robbins LLP. The lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation.  You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member.

All representation is on a contingency fee basis. Shareholders pay no fees or expenses.