INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of New Era Energy & Digital, Inc. - NUAI

Core Viewpoint - Pomerantz LLP is investigating claims of potential securities fraud and unlawful business practices involving New Era Energy & Digital, Inc. and its executives [1] Group 1: Stock Performance and Market Reaction - On December 12, 2025, New Era's stock price fell significantly after a short report by Fuzzy Panda Research accused the company of spending 2.5 times more on stock promotions than on operating its oil and gas wells, leading to a decline of $0.25 per share, or 6.9%, closing at $3.35 [2][3] - Following a lawsuit filed by the state of New Mexico alleging fraudulent activities related to oil and gas operations, New Era's stock price dropped by $2.19 per share, or 48.03%, closing at $2.37 on December 29, 2025 [4] Group 2: Allegations and Legal Actions - The short report from Fuzzy Panda claimed that New Era's CEO, E. Will Gray II, has a history of mismanaging penny stock companies over the past 20 years [2] - The lawsuit from New Mexico accused New Era and its CEO of orchestrating a fraudulent scheme that left the state responsible for significant cleanup costs associated with abandoned wells [4]