--- title: "NASDAQ: NUAI Lawsuit Notice: Investors in shares of New Era Energy & Digital, Inc. (NASDAQ: NUAI) should contact the Shareholders Foundation" type: "News" locale: "en" url: "https://longbridge.com/en/news/286932995.md" description: "A lawsuit is pending against New Era Energy & Digital, Inc. (NASDAQ: NUAI) for alleged securities law violations. Investors who purchased shares before November 2024 are encouraged to contact the Shareholders Foundation. The lawsuit claims the company misrepresented its progress on a key project and engaged in fraudulent activities related to oil and gas wells, leading to misleading financial results." datetime: "2026-05-19T14:40:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286932995.md) - [en](https://longbridge.com/en/news/286932995.md) - [zh-HK](https://longbridge.com/zh-HK/news/286932995.md) --- # NASDAQ: NUAI Lawsuit Notice: Investors in shares of New Era Energy & Digital, Inc. (NASDAQ: NUAI) should contact the Shareholders Foundation SAN DIEGO, May 19, 2026 /PRNewswire/ -- The Shareholders Foundation, Inc. announces that a lawsuit is currently pending for certain investors in New Era Energy & Digital, Inc. () shares. Investors who purchased shares of New Era Energy & Digital, Inc. () prior to November 2024 and continue to hold any of those shares have also certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. On April 01, 2026, an investor in shares over alleged securities laws violations by New Era Energy & Digital, Inc. The plaintiff alleged that the defendants failed to disclose to investors that the Company overstated its progress in its permitting and regulatory filings for its flagship Texas Critical Data Centers project, that the Company was involved in a fraudulent scheme "to pocket revenues from hundreds of oil and gas wells in New Mexico" by transferring wells among related entities and then placing liability-bearing companies into bankruptcy to avoid plugging and remediation costs, that, as a result, the Company's financial results were false and/or misleading, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. Those who purchased shares of New Era Energy & Digital, Inc. () should contact the Shareholders Foundation, Inc. CONTACT: Shareholders Foundation, Inc. Michael Daniels +1 (858) 779-1554 mail@shareholdersfoundation.com 3111 Camino Del Rio North Suite 423 San Diego, CA 92108 The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon. SOURCE Shareholders Foundation, Inc. ### Related Stocks - [NUAI.US](https://longbridge.com/en/quote/NUAI.US.md) - [IEO.US](https://longbridge.com/en/quote/IEO.US.md) - [XOP.US](https://longbridge.com/en/quote/XOP.US.md) - [IXC.US](https://longbridge.com/en/quote/IXC.US.md) - [XLE.US](https://longbridge.com/en/quote/XLE.US.md) - [NUAIW.US](https://longbridge.com/en/quote/NUAIW.US.md) ## Related News & Research - [BUZZ-Fervo Energy surges 37% in electric New York debut](https://longbridge.com/en/news/286296665.md) - [BUZZ-Fervo Energy set to debut above offer price after upsized $1.89 bln IPO](https://longbridge.com/en/news/286277153.md) - [NASDAQ: LKQ Lawsuit Notice: Investors in shares of LKQ Corporation (NASDAQ: LKQ) should contact the Shareholders Foundation](https://longbridge.com/en/news/286906140.md) - [Investors who lost money with Adobe Inc. (NASDAQ: ADBE) shares should contact the Shareholders Foundation in connection with Lawsuit](https://longbridge.com/en/news/286937013.md) - [Baozun Schedules Annual General Meeting of Shareholders | BZUN Stock News](https://longbridge.com/en/news/286543843.md)