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New Era Energy & Digital Announces Final Approval of Settlement Dismissing the State of New Mexico’s Claims Against the Company
GlobeNewswire Inc.·
New Era Energy & Digital (Nasdaq: NUAI) announced that the U.S. Bankruptcy Court for the Western District of Texas has approved its $1.0 million settlement with the U.S. Trustee, resolving all trustee-controlled claims in New Mexico's lawsuit against the company. The settlement includes $350,000 to New Mexico and $650,000 to the bankruptcy estate, with payment due within five business days. The company denies liability, though three claims against individual E. Will Gray II remain pending.
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