{"id":10033,"date":"2026-05-22T02:37:00","date_gmt":"2026-05-22T00:37:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=fc3d3b057efade372658f3d6a74e8113"},"modified":"2026-05-22T02:37:00","modified_gmt":"2026-05-22T00:37:00","slug":"nuai-investor-reminder-new-era-energy-digital-inc-investors-have-until-june-1-2026-to-seek-lead-plaintiff-role-contact-kirby-mcinerney-llp","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=10033","title":{"rendered":"NUAI INVESTOR REMINDER: New Era Energy & Digital, Inc. Investors Have Until June 1, 2026 To Seek Lead Plaintiff Role – Contact Kirby McInerney LLP"},"content":{"rendered":"

NEW YORK--(BUSINESS WIRE)--If you have suffered a loss on your New Era Energy & Digital, Inc. (\u201cNew Era\u201d or the \u201cCompany\u201d) (NASDAQ:NUAI) investment, contact Lauren Molinaro<\/a> of Kirby McInerney LLP by email at investigations@kmllp.com<\/a>, or fill out the contact form below to discuss your rights or interests in the securities fraud class action lawsuit at no cost.<\/p><\/a><\/a>

\nInvestors have until June 1, 2026 to ask the Court to appoint them as lead plaintiff. Courts do not consider applications filed after this deadline. The lead plaintiff oversees the litigation on behalf of the class and may influence key decisions, including litigation strategy and settlement. Courts regularly appoint individual investors as lead plaintiffs, not only institutions.<\/p>

\n[CONTACT THE FIRM IF YOU SUFFERED A LOSS<\/a>]<\/p>

\nWhat Is The Lawsuit About?<\/b><\/p>

\nThe lawsuit has been filed on behalf of investors who purchased securities during the period of November 6, 2024 through December 29, 2025, inclusive (\u201cthe Class Period\u201d). The lawsuit alleges that (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 \u201cto pocket revenues from hundreds of oil and gas wells in New Mexico\u201d by transferring wells among related entities and then placing liability-bearing companies into bankruptcy to avoid plugging and remediation costs; and (3) that, as a result, the Company's financial results were false and\/or misleading.<\/p>

\nOn December 12, 2025, market research media outlet Fuzzy Panda Research published a report (the \u201cFP Report\u201d). The FP Report alleges, among other things, that \u201cof NUAI\u2019s 406 gas wells, 346 were acquired from companies that went bankrupt operating the very same wells, including 87 wells from the company E. Will Gray II was CEO of and bankrupted himself, Remnant Oil.\u201d The FP Report states it \u201cuncovered that Gray\u2019s playbook includes financial tricks to enrich insiders, like converting related party loans to equity or paying fees to friends and family.\u201d The FP Report further calls the Company\u2019s pivot to fueling AI companies a \u201cfantasy.\u201d The FP Report alleges that, among other things, that despite the Company \u201ctelling investors it\u2019s made significant progress\u201d with its regulatory permitting, including the submission of air quality permits, \u201cno applications have even been submitted.\u201d The FP states that according to \u201cTexas, New Mexico and Federal government databases for the construction and environmental permits that NUAI will need to start building its data centers and power plants\u201d the Company had not submitted any of its required permits, \u201cnot even an application.\u201d On this news, the price of New Era shares declined by $0.25 per share, or approximately 7%, from $3.60 per share on December 11, 2025 to close at $3.35 on December 12, 2025.<\/p>

\nOn December 29, 2025, a research firm named Hunterbrook Media reported that the New Mexico Attorney General filed a lawsuit against New Era, its subsidiary Solis Partners, LLC, and Gray, among others, (the \u201cHBM Report\u201d). The HBM Report publicized that New Mexico had recently filed a complaint alleging New Era, Gray, and a network of affiliated companies, had orchestrated a \u201cfraudulent oil-and-gas scheme\u201d to \u201csiphon revenue from wells that produce fossil fuels while abandoning environmental cleanup obligations.\u201d The HBM Report details how the complaint \u201calleges a broader pattern of fraudulent transfers, self-dealing, and false statements to regulators, including the use of shell entities and strategic bankruptcies to evade responsibility.\u201d According to the HBM Report, the scheme reportedly involved the Company, Gray, and a network of affiliated companies transferring wells among related entities, including New Era and its subsidiary, Solis Partners \u201cselling\u201d wells to themselves, and then placing liability bearing companies into bankruptcy to avoid plugging and remediation costs. Reportedly, New Era was core to the scheme, in part by receiving and operating the most valuable gas wells, 87 in total, which were transferred from Acacia to Solis Partners, while leaving Acacia with the bulk of plugging and remediation liabilities. That transfer reportedly occurred in July 2021. According to the complaint, the defendants, including New Era, thus subsequently \u201creceived significant revenue (possibly into the millions of dollars) that they knew would otherwise be required to address\u201d plugging and remediation costs. On this news, the price of New Era shares declined by $1.87 per share, or approximately 41%, from $4.56 per share on December 26, 2025 to close at $2.69 on December 29, 2025.<\/p>

\n[CLICK HERE TO LEARN MORE ABOUT THE CLASS ACTION<\/a>]<\/p>

\nWhat Should I Do?<\/b><\/p>

\nIf you purchased or otherwise acquired New Era securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro<\/a> of Kirby McInerney LLP<\/a> by email at investigations@kmllp.com<\/a>, or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.<\/p>

\n[WHAT IS A SECURITIES CLASS ACTION?<\/a>]<\/p>

\nKirby McInerney LLP<\/a> is a New York-based plaintiffs\u2019 law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm\u2019s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP\u2019s website<\/a>.<\/p>

\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p> Contacts<\/b>

\nKirby McInerney LLP\nLauren Molinaro, Esq.\n212-699-1171\nhttps:\/\/www.kmllp.com<\/a>https:\/\/securitiesleadplaintiff.com\/<\/a>investigations@kmllp.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

NEW YORK–(BUSINESS WIRE)–If you have suffered a loss on your New Era Energy & Digital, Inc. (\u201cNew Era\u201d or the \u201cCompany\u201d) (NASDAQ:NUAI) investment, contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out th…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10033","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/10033","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10033"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/10033\/revisions"}],"predecessor-version":[{"id":10034,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/10033\/revisions\/10034"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}