Portnoy Law Firm Announces Class Action On Behalf Of New Era Energy & Digital, Inc. Investors
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email:..., to discuss their legal rights, or join the case via . The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims to recover their losses.
The lawsuit alleges that Defendants issued false and misleading statements and/or failed to disclose material adverse facts regarding New Era Energy's business, operations, and prospects, including allegations that: (1) New Era Energy overstated its progress in its permitting and regulatory filings for its flagship Texas Critical Data Centers project; (2) 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; and (3) that, as a result, the New Era Energy's financial results were false and/or misleading.
The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing. The Firm's founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA, NY and TX Bar
...
310-692-8883
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