#United States #San Diego #Robbins LLP #New Era Energy #NUAI

Robbins LLP Encourages Action from NUAI Investors

Robbins LLP, a prominent advocate for shareholder rights, is once again stepping forward to urge stockholders of New Era Energy & Digital, Inc. (NASDAQ: NUAI) to contact the firm for pertinent information about a recent class action lawsuit. This class action represents shareholders who procured or acquired securities from the company between November 6, 2024, and December 29, 2025.

Background of the Case

New Era Energy, formerly known as New Era Helium, is an oil and natural gas entity with significant dealings under the NASDAQ platform. The recent legal actions against the company stem from allegations that it misled investors regarding various operational setbacks, including fraudulent transfers, self-dealing, and the provision of misleading statements.

According to legal findings, the complaint indicates serious concerns regarding emotional and economic distress faced by innocent investors due to the company’s deceptive practices. Particularly, during the mentioned class period, it is claimed that the defendants neglected to reveal crucial information affecting the financial integrity and projected performance of New Era Energy.

Specific Allegations Against New Era Energy

The allegations against New Era Energy during the designated period are substantial:
1. Regulatory Misstatements: The company purportedly overstated progress related to its permitting and regulatory filings, especially concerning its flagship Texas Critical Data Centers project.
2. Fraudulent Revenue Schemes: New Era is accused of participating in a fraudulent scheme involving hundreds of oil and gas wells in New Mexico. The company allegedly transferred ownership of these wells among related entities to misuse revenue and evade plugging and cleanup expenses by declaring related entities bankrupt.
3. Misinformation of Financial Results: These actions resulted in financial statements that were either false or misleading, painting an inaccurate picture of the company’s performance.
4. Misleading Positive Statements: Consequently, the public statements made by the defendants regarding New Era's operational status and business prospects lacked a factual basis and misled stakeholders.

When these truths came to light, New Era’s stock experienced a notable decline, causing financial harm to many investors unknowingly affected by these dubious practices.

Next Steps for Shareholders

Investors who believe they’ve been impacted by these developments are encouraged to participate in the class action. Those interested in acting as lead plaintiffs must submit their papers to the court by June 1, 2026. Serving as a lead plaintiff provides an opportunity for stockholders to represent the interests of all members in guiding the course of the case; however, it is not mandatory for claimants to engage actively to claim any potential recovery. Absent class members can still receive any returns resulting from the lawsuit.

Robbins LLP notes that all representation in this case occurs on a contingency fee basis—meaning investors will not incur fees or expenses unless a recovery is achieved.

About Robbins LLP

Founded in 2002, Robbins LLP has established itself as a leading player in advocating for shareholder rights. With a dedicated team focused on securing recoveries for investors, enhancing corporate governance, and holding executives accountable for their actions, Robbins LLP is committed to standing with shareholders through various legal challenges.

To keep abreast of the developments concerning the class action against New Era Energy & Digital, and receive updates when corporate executives run afoul of the law, consider signing up for their Stock Watch alerts today.

Disclaimer: Past results do not guarantee future outcomes. Attorney advertising is a crucial aspect of Robbins LLP’s outreach efforts.

• ---

For inquiries or further details, interested individuals can contact attorney Aaron Dumas, Jr. through the firm's official channels or via phone at (800) 350-6003.