Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of New Era Energy & Digital, Inc. due to allegations of materially misleading business information issued by the company [1]. Group 1: Investigation and Allegations - The investigation is prompted by a report from Fuzzy Panda Research, which claims that New Era Energy & Digital spent 2.5 times more on stock promotions than on operating its oil and gas wells [3]. - The report also alleges that CEO E. Will Gray II has a history of mismanaging penny stock companies over approximately 20 years [3]. - Following the release of the report, New Era Energy & Digital's stock fell by 6.9% on December 12, 2025 [3]. Group 2: Class Action Details - Shareholders who purchased New Era Energy & Digital securities may be entitled to compensation through a contingency fee arrangement, with no out-of-pocket costs [2]. - The Rosen Law Firm is preparing a class action to seek recovery of investor losses [2]. Group 3: Rosen Law Firm's Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company [4]. - The firm has been ranked No. 1 for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions of dollars for investors [4]. - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [4].
Rosen Law Firm Encourages New Era Energy & Digital, Inc. Investors to Inquire About Securities Class Action Investigation - NUAI
Prnewswire·2025-12-16 22:35