Rosen Law Firm Encourages New Era Energy Investors to Secure Counsel Before Deadline

Investors with losses over $100K in New Era Energy & Digital, Inc. securities urged to join class action lawsuit.

Apr. 12, 2026 at 12:51pm

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The Rosen Law Firm, a global investor rights law firm, is reminding purchasers of New Era Energy & Digital, Inc. (NASDAQ: NUAI) securities between November 6, 2024 and December 29, 2025 of the important June 1, 2026 lead plaintiff deadline in a securities class action lawsuit against the company.

Why it matters

The lawsuit alleges that New Era Energy made false and misleading statements about its business, operations, and prospects, including overstating progress on its Texas Critical Data Centers project and involvement in a fraudulent scheme to avoid plugging and remediation costs for oil and gas wells in New Mexico. Investors who purchased New Era Energy securities during the class period may be entitled to compensation.

The details

According to the lawsuit, New Era Energy is accused of: (1) overstating progress in permitting and regulatory filings for its Texas Critical Data Centers project; (2) being involved in a fraudulent scheme to transfer oil and gas wells in New Mexico among related entities and then place liability-bearing companies into bankruptcy to avoid plugging and remediation costs; and (3) as a result, the company's financial results were false and misleading.

  • The class period is from November 6, 2024 to December 29, 2025.
  • The lead plaintiff deadline is June 1, 2026.

The players

The Rosen Law Firm, P.A.

A global investor rights law firm that is representing investors in the class action lawsuit against New Era Energy.

New Era Energy & Digital, Inc.

The company that is the subject of the securities class action lawsuit for allegedly making false and misleading statements about its business.

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What they’re saying

“We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition.”

— Laurence Rosen, Founding Partner, The Rosen Law Firm

What’s next

Investors who purchased New Era Energy securities during the class period have until June 1, 2026 to move the court to serve as lead plaintiff in the class action lawsuit.

The takeaway

This case highlights the importance for investors to carefully evaluate the qualifications and track record of law firms representing them in securities class actions, as the choice of counsel can significantly impact the potential outcome.