• Pacific Coast Oil Trust faces a derivative lawsuit in Texas state court alleging trustee misconduct tied to deductions for asset retirement obligations.
• Case was removed to the Texas Business Court; trial is scheduled for Jan. 31, 2028.
• Court ordered plaintiffs to replead certain derivative claims; amended petition was filed Sept. 11, 2026.
• Separate whistleblower case alleged Pacific Coast Energy gave false operating and asset retirement data; a federal jury verdict favored Pacific Coast Energy.
• Trustee is investigating allegations raised in an SEC complaint; dissolution and asset-sale steps face litigation-related delays.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pacific Coast Oil Trust published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609301620PRIMZONEFULLFEED9837273) on September 30, 2026, and is solely responsible for the information contained therein.