ROSEN, TRUSTED TRIAL ATTORNEYS, Encourages New Era Energy & Digital, Inc. Investors to Inquire About Securities Class Action Investigation - NUAI
TMX Newsfile·2026-01-18 03:34

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: Allegations and Impact - New Era Energy & Digital's stock fell 6.9% on December 12, 2025, following a report from short seller Fuzzy Panda Research, which accused the company of spending 2.5 times more on stock promotions than on operating its oil and gas wells [3]. - The report also highlighted the CEO E. Will Gray II's history of mismanaging penny stock companies over approximately 20 years [3]. Group 2: Legal Actions and Investor Rights - Investors who purchased New Era Energy & Digital securities may be entitled to compensation through a class action lawsuit, with no out-of-pocket fees or costs due to a contingency fee arrangement [2]. - The Rosen Law Firm is preparing a class action to seek recovery of investor losses and encourages affected investors to join the action [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 and being ranked No. 1 for the number of settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [4].