New Era Energy & Digital, Inc. (NASDAQ: NUAI)

This investigation is for anyone who acquired securities in New Era Energy & Digital, Inc. (NASDAQ: NUAI) prior to December 29, 2025.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by, among other things, telling investors that the Company abided by environmental laws when the Company was engaged in a scheme whereby the Company used a network of shell companies to avoid environmental responsibilities such as plugging inactive wells.

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, the price of the Company’s stock dropped precipitously on unusually heavy trading volume. Then, on December 29, 2025, media outlets reported that 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, the price of the Company’s stock again dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in New Era Energy & Digital, Inc. (NASDAQ: NUAI) prior to December 29, 2025 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.