Grabar Law Office is investigating New Era Energy & Digital, Inc. for potential breaches of fiduciary duties. The probe examines whether executives made false statements regarding key projects and financial dealings.
A federal securities fraud complaint alleges the company overstated permit progress for its Texas Critical Data Centers.
The New Mexico Attorney General filed a lawsuit in December 2025 against the company and its CEO. This suit alleges a fraudulent oil-and-gas scheme involving self-dealing.
The company allegedly used bankruptcies to evade environmental liabilities for inactive wells.