What changed in this filing

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Item 1. Legal Proceedings

2025-08-19 compared with 2025-05-20 · 211 added, 77 removed, 14 unchanged (95% of the section changed)

LEGAL PROCEEDINGS

Vivakor, Inc., et al., Case No.

2023CUB014131 (Sup.

Ventura Cty., Cal.—Sept.

18, 2023)— Plaintiff asserts claims for breach of contract for Defendant’s failure to pay Plaintiff for financial technology services.

Plaintiff seeks $28,000 in damages, and 173,972 shares of the Company’s common stock for liquidated damages through the date of the Complaint, with further liquidated damages continuing to accrue.

Defendant disputes Plaintiff’s claims on grounds that the services were not rendered in accordance with the contract, and that Plaintiff terminated the contract.

The Defendant did not timely file an Answer and the Plaintiff moved for a default judgment.

Defendant intends to vigorously defend Plaintiff’s claims.

Defendant has not reserved anything for this dispute.

Julie Ridenhour Tonroy, as the Personal Representative of the Estate of John Ridenhour, Deceased, v.

Endeavor Crude, LLC, et al., Case No.

CJ-2024-40, Blaine Cty.

Ct., Okla.—Sept.

24, 2024)— Plaintiff asserts claims of negligence, respondent superior, and wrongful death of decedent related to a motor vehicle accident involving a driver for Endeavor Crude, LLC while operating motor vehicle equipment owned or leased by Meridian Equipment Leasing, LLC, both subsidiaries of the Company, and presently seeks damages in excess of $1,000,000.

The case is set for trial in September 2025.

Defendants have not reserved anything for this dispute.

Miguel Angel Munoz, et al., v.

Vivakor, Inc.

Al-Dali International General

Trading and Contracting Company, et al ., Case No.

JDFC603 251052410 (Kuwait Court of First Instance, Mar.

25, 2025)—Plaintiff

has asserted claims for breach of contract, unjust enrichment, and injunctive relief against Defendants Al-Dali Global Trading and Contracting

Company, Al-Sayer Construction General Trading and Contracting Company, and Kuwait Oil Company relating to the placement and operation

of oilfield remediation processing equipment in Kuwait.

Plaintiff seeks total damages in excess of $15,000,000.00.

Vivakor, Inc., et al., v.

Unique Funding Solutions,

DC-25-05926 (95th Dist.

Ct., Dallas Cty., Tex.—April 15, 2025)—Plaintiffs allege fraud, fraudulent

liens, fraudulent inducement, conversion, money had and received, and seek a declaratory judgment relating to claims of Defendants for

payment on a receivables factoring contract claiming damages in excess of $5 million.

The case is in initial pleadings.

Plaintiffs intend

to vigorously pursue the case.

AE Systems, LLC v.

VivaVentures Remediation

Corporation , ( In re AE Systems, LLC) Ch.

25-30186, Adv.

460285 (Bankr.

Tex., filed Aug.

8, 2025)—Debtor

claims breach of contract and damages of $156,356.00 for goods provided and services performed at Defendant’s site in Harris County, Texas.

Defendant has contested the amount due on grounds that Debtor materially breached with their contract.

Defendant has contested Debtor’s

No amount has been reserved in connection with the dispute.

Blondo Constructors, Inc.

VivaVentures Remediation

Corporation, et al.

, American Arbitration Association (Case No.

01-24-0005-5102—May 17, 2024)—Claimant demanded arbitration

for claims relating to breach of contract by Respondent VivaVentures Remediation Corporation (“ VRC ”) and damages

in excess of $545,695.05, plus attorneys fees and costs.

Respondents other than VRC were dismissed on July 26, 2024.

On November 8, 2024,

the parties executed a Confidential Settlement Agreement to resolve the dispute.

On December 20, 2024, Claimant filed a First Amended

Demand for Arbitration asserting new claims, including for breach of the settlement agreement for failure to remit the agreed settlement

On January 26, 2025, Respondent remitted the settlement payment and Claimant confirmed receipt.

Claimant’s new claims are still

pending before the arbitrator, and the arbitrator has yet to issue an award or dismiss the proceeding.

Respondent has not reserved additional

sums for this proceeding.

Echo Contracting, LLC v.

CPE Gathering Midcon,

LLC, et al ., Case No.

CJ-2025-73 (Dist.

Ct., Blaine Cty., Okla.—Feb.

14, 2025)—Plaintiff Echo Contracting asserted claims

of breach of contract, quantum meriut, and foreclosure of mechanics and materialmen’s lien filed in Blaine County against properties

of Defendants.

Defendants CPE Gathering Midcon, LLC and Vivakor, Inc.

settled such claims pursuant to confidential agreement on March

28, 2025, and such claims are pending dismissal and such liens are pending release.

Co-Defendant Validus Energy II Midcon, LLC prevailed upon

a motion to consolidate Case No.

CJ-2025-7 with another the proceeding.

Defendant and Cross-Plaintiff Validus

Energy II Midcon, LLC has levied claims for breach of contract, declaratory judgment, indemnification, contribution, and unjust enrichment

against Defendants CPE Gathering Midcon, LLC and Vivakor, Inc.

and seeks damages of more than $500,000.00, plus attorneys fees and

costs of court.

Defendants CPE Gathering Midcon, LLC, Vivakor, Inc., and Validus Energy II Midcon, LLC prevailed on motions against Plaintiff

to remove liens against property of Validus Energy II Midcon, LLC and compel arbitration against Defendants CPE Gathering Midcon, LLC

and Vivakor, Inc.

Claims of Plaintiff against Defendants CPE Gathering Midcon, LLC and Vivakor, Inc.

are stayed pending arbitration, while

claims of Defendant and Cross-Plaintiff Validus Energy II Midcon, LLC are proceeding.

Espri L’Heureux v.

Vivakor, Inc., et

30-2022-01284070-CU-WT-CJC (Sup.

Orange Cty., Cal.—Sept.

29, 2022)—Plaintiff asserted claims for misclassification

as an exempt employee, failure to provide meal and rest periods, pregnancy/sex discrimination under the Fair Employment and Housing Act,

discrimination under the California Fair Employment and Housing Act (“ CFRA ”), retaliation under the CFRA, wrongful

termination, an unfair business practices under the California Business and Professions Code §§ 17200 et seq ., among

other derivative claims.

Plaintiff seeks more than $1,000,000.00 in damages.

Defendants dispute liability on the grounds Plaintiff was

properly classified as an independent contractor, was not discriminated against, and was not terminated at all, much less for a discriminatory

or retaliatory reason.

Defendants filed their answer on November 21, 2022, and removed the action to federal district court on July 22,

Great Lakes Petroleum Co.

Vivakor, Inc.,

as successor in interest of Equipment Transport, LLC, et al.

25-CVS-011392-590 (Sup.

Ct., Mecklenburg Cty.

5, 2025)—Plaintiff alleged breach of contract, quantum meruit, and unjust enrichment for fuel sold and tank services provided.

default judgment for $183,808.77, plus post-judgment interest at a rate of eight percent (8%) per annum, was entered on May 23, 2025.

Vivakor is in the process of attempting to settle this matter outside of the litigation.

James Samuelson v.

Vivakor, Inc., James Ballengee,

30-2025-01496877-CU-OE-CJC (Sup.

Orange Cty., Cal.—July 14, 2025)—Plaintiff asserts claims for failure

to pay wages, employment misclassification, breach of contract, promissory estoppel, unjust enrichment, constructive discharge, and tortious

interference with contract seeking damages of $1,277,499.95 plus pre- and post-judgment interest, attorneys fees, and costs of court.

Vivakor plans to file a timely responsive pleading and vigorously defend against these claims.

Julie Ridenhour Tonroy, as Personal Representative

of the Estate of John Ridenhour, Deceased, v.

Endeavor Crude, LLC, et al.

D-101-CV-2023-02491 (1st Dist.

Ct., Santa Fe Cty., New Mex.—Oct.

11, 2023)—Plaintiff suffered injuries in connection with a motor vehicle accident involving Plaintiff and an Endeavor Crude, LLC (“ EC ”) driver and tractor-trailer.

Plaintiff alleges negligence, respondent superior , negligent entrustment, hiring, retention, supervision and training, and is presently seeking damages in excess of $2,000,000.

Defendant is vigorously contesting the case and has not reserved anything for this dispute.

Defendant believes certain costs for the defense and prospective liability are covered by applicable insurance policies.

CJ-2024-40 (Dist.

Ct., Blaine Cty., Okla.—March

21, 2024)—Plaintiff asserts claims of negligence, respondeat superior , and wrongful death of decedent related to a motor

vehicle accident involving a driver for EC while operating motor vehicle equipment owned or leased by Meridian Equipment Leasing, LLC,

both subsidiaries of the Vivakor, Inc., and presently seeks damages in excess of $1,000,000.

Discovery has largely concluded and the case

is set for trial in September 2025.

Kellie Yates v.

Endeavor Crude, LLC et al.

656,058 (1st Jud.

Ct., Caddo Parish, La.—Mar.

14, 2025)—Plaintiff asserts claims of negligence, lost wages, quantum

meruit, and unjust enrichment relating to a May 28, 2024 motor vehicle accident, and seeks damages of $50,000 to $1,000,000.

Kush Properties, LLC d/b/a Motel 6 –

Floresville d/b/a Eagle Ford Inn, et al., v.

Endeavor Crude, LLC, et al Case No.

CVW2505285 (81st Dist .

Wilson Cty., Tex.—May

8, 2025) —Plaintiff alleges breach of contract, unjust enrichment, suit on sworn account, fraud, fraudulent inducement, and negligent

misrepresentation relating to lodging charges for truck drivers, seeking $256,070.00, plus attorneys fees, costs of court, and pre- and

post-judgment interest.

Defendants’ are vigorously contesting the claims.

Mikasa McKnight v.

Endeavor Crude, LLC, et

202422195 (190th Dist.

Ct., Harris Cty., Tex.—Jul.

2, 2024)—Plaintiff alleges negligence, negligent hiring,

negligent entrustment, and respondeat superior relating to a motor vehicle accident involving a tractor-trailer operated under

the motor carrier authority of Defendant EC, and seeks damages in excess of $1,000,000.

Defendant EC has vigorously contested the case.

Misty Kitson, Blaine County Assessor v.

Meridian Equipment Leasing, LLC , Case No.

Equipment Leasing, LLC , Case No.

EQ-2023-57 (Ct.

of Tax Review, Okla.—Aug.

2, 2023)—Plaintiff governmental taxing authority seeks appeal of Defendant’s fair cash value valuation of certain personal property in Blaine County, Oklahoma.

Plaintiff seeks a property tax valuation far in excess of Defendant’s valuation, and seeks overdue taxes in excess of $1,126,005.22, plus statutory interest, penalties, and fees.

2, 2023)—Plaintiff governmental taxing authority

seeks appeal of Defendant’s fair cash value valuation of certain personal property in Blaine County, Oklahoma.

Plaintiff seeks a property

tax valuation of $27,463,542.00 in contrast to Defendant’s valuation of $4,000,000.00, and overdue taxes in excess of $1,126,005.22, plus

statutory interest, penalties, and fees.

The case is in discovery.

Defendant is vigorously contesting the case based on the property’s sale valuation as established by written agreement.

MV Purchasing, LLC et al., v.

Endeavor Crude,

LLC, et al., v.

Unique Funding Solutions, LLC, et al.

3:25-cv-01112-K (U.S.

Tex.)—Plaintiffs Endeavor

Crude, LLC, et al ., assert claims for fraud, fraudulent misrepresentation, unjust enrichment, and declaratory relief for more than

$1.5 million relating to an accounts receivable factoring contract.

Cross-plaintiffs MV Purchasing, LLC and Echo Canyon Energy Products

Supply, LLC assert claims for declaratory relief.

Cross-plaintiffs and Defendants Unique Funding Solutions, LLC, Rocket Capital NY LLC,

and Regain Group LLC assert claims of breach of contract against Defendants Endeavor Crude, LLC, et al ., seek declaratory relief

against Cross-plaintiffs MV Purchasing, LLC and Echo Canyon Energy Products Supply, LLC, and collectively seek damages in excess of $3,000,000.

Defendants Endeavor Crude, LLC, et al ., are vigorously defending the case.

Novella Strmiska v.

Endeavor Crude, LLC, et al ., Case No.

Endeavor Crude, LLC, et

al ., Case No.

25-01-00013-CVK (81st Dist.

Ct., Karnes Cty., Tex.—Jan.

27, 2025)—Plaintiff alleges breach of contract, trespass to land, trespass to chattels, negligence, and unjust enrichment, seeking damages, interest, attorneys’ fees, and costs of court, in relation to a commercial truck yard lease.

Defendants intend to vigorously contest the case based on false invoices.

Mikasa McKnight v.

Endeavor Crude, LLC, et al.

202422195 (190th Dist.

Ct., Harris Cty., Tex.—Jul.

2, 2024)—Plaintiff alleges negligence, negligent hiring, negligent entrustment, and respondent superior relating to a motor vehicle accident involving a tractor-trailer operated under the motor carrier authority of Defendant EC, and seeks damages in excess of $1,000,000.

Defendant EC is contesting the case.

The case is set for trial on August 4, 2025.

Defendant is vigorously contesting the case, and Defendant’s defense and prospective liability are covered by applicable insurance policies.

Echo Contracting, LLC v.

CPE Gathering Midcon, LLC, et al.

CJ-2025-73 (Dist.

Ct., Blaine Cty., Okla.—Feb.

14, 2025)—Plaintiff Echo Contracting asserted claims of breach of contract, quantum meriut, and foreclosure of mechanics and materialmen’s lien filed in Blaine County against properties of Defendants.

Defendants CPE Gathering Midcon, LLC and Vivakor, Inc.

settled such claims pursuant to confidential agreement March 28, 2025, and such claims are pending dismissal and such liens are pending release.

Co-Defendant Validus Energy II Midcon, LLC prevailed upon a motion to consolidate Case No.

CJ-2025-73 with the proceeding.

Defendant Validus Energy II Midcon, LLC has levied claims for declaratory judgment, indemnification, contribution, and unjust enrichment against Defendants CPE Gathering Midcon, LLC and Vivakor, Inc.

and seeks damages of $431,652.42, plus attorney’s fees.

Gudeil Gonzales, et al.

Equipment Transport, LLC, et al.

27, 2025)—Plaintiff obtained a default judgment

for breach of contract, trespass to land, trespass to chattels, negligence, and unjust enrichment, for $256,717.00 USD, plus post-judgment

interest, attorneys fees, and costs of court.

Rocket Capital NY LLC v.

Silver Fuels Processing,

E2025013794 (Sup.

of N.Y., Monroe County, N.Y.—Jun.

23, 2025)—Plaintiff has obtained a default

judgment for $1,514,619.08 for breach of contract jointly and severally against affiliates Meridian Equipment Leasing, LLC, Silver Fuels

Processing, LLC, Silver Fuels Delhi, LLC, White Claw Colorado City, LLC, Vivakor, Inc., Equipment Transport, LLC, and James Ballengee,

among others.

Vivakor is in the process of attempting to settle this matter outside of the litigation.

Texas Premier Resources, LLC et al., v.

Inc., et al ., Cause No.

2025-39438 (190th Dist.

Ct., Harris Cty., Tex.—Feb.

7, 2025)—Lead Plaintiff, a former field employee of ET EmployeeCo, LLC f/k/a PWS EmployeeCo, LLC, asserts claims for negligence, gross negligence, and premises liability in connection with a jobsite injury, and seek damages in excess of $1,000,000, plus interest, fees, and costs.

Defendant intends to vigorously contest the suit.

Defendant ET has not reserved anything for the dispute.

Viva Wealth Fund I, LLC,

Vivakor, Inc., et al.

30-2025-04169418-CU-FR-WJC, County of Orange, Superior Ct.

2021)—Plaintiff asserts claims of fraud, conversion, unfair competition, intentional interference with contractual relations,

breach of contract, breach of covenant of good faith and fair dealing, accounting, declaratory relief, etc.

The Complaint alleges

that the Plaintiff raised approximately $14 million for Vivakor, Inc.

to manufacture and deploy two remediation processing centers

and that the defendants allegedly misrepresented the process for Vivakor, Inc.

to manufacture and deploy its remediation processing

The Complaint seeks unspecified general, special and punitive damages to be awarded according to proof at trial, as well as

certain equitable relief.

Vivakor, Inc.

was served with the Complaint on April 24, 2025.

Vivakor, Inc.

plans to timely file a

responsive pleading and vigorously defend itself against this lawsuit.

Vivakor, Inc.

has not reserved anything for this dispute.

Ct., Harris Cty., Tex.—Jun.

16, 2025)—Plaintiffs have asserted claims

for breach of contract, fraud, fraudulent misrepresentation, and alter ego, and seek damages in excess of $5,000,000.00, plus attorneys

fees and costs of court, and injunctive relief to compel the purchase of Plaintiff’s business and property.

Defendants are vigorously

contesting the case.

Vincent Smith, et al., v.

Meridian Transport,

LLC, et al ., Cause No.

25-CV-0664 (122d Dist.

Ct., Galveston Cty., Tex.—Apr.

23, 2025)—Plaintiffs alleges gross negligence

relating to a motor vehicle accident, and seek damages of up to $1,000,000, plus attorneys fees and costs of court.

Defendants intend

to vigorously contest the case.

Viva Wealth Fund I, LLC v.

Vivakor, Inc., et

al ., Case No.

30-2025-01469418-CU-FR-WJC (Sup.

Ct., Orange Cty., Cal.—Mar.

21, 2025)—Plaintiff alleges fraud, conversion,

unfair competition, tortious interference in contractual relations, interference with prospective economic advantage, money had and received,

breach of contract, constructive fraudulent transfer, among other counts, and seeks declaratory relief and damages in excess of $50 million

relating to equipment purchased by Plaintiff and leased to Defendant VivaVentures Remediation Corporation.

Defendants intend to vigorously

contest the case.

Tyler Nelson v.

Vivakor, Inc., et

al ., Case No.

30-2025-01503021-CU-OE-CJC (Sup.

Orange Cty., Cal.—Aug.

11, 2025)—Plaintiff, former Chief

Financial Officer of the Company, its subsidiary, and certain unnamed defendants for claims of breach of contract, breach of implied

covenant in contract, and claims related to failure to pay wages, alleging total damages of $2,154,158.47, plus interest, attorneys

fees, and costs of court.

Defendants intend to vigorously contest the case.

Vivakor, Inc.

Al-Dali International General Trading and Contracting Company, et al.

JDFC603 251052410 (Kuwait Court of First Instance, Mar.

25, 2025)—Plaintiff has asserted claims for breach of contract, unjust enrichment, and injunctive relief against Defendants Al-Dali Global Trading and Contracting Company, Al-Sayer Construction General Trading and Contracting Company, and Kuwait Oil Company relating to the placement and operation of oilfield remediation processing equipment in Kuwait.

A-25-921524-F (8th Jud.

Ct., Clark Cty., Nev.—Aug.

18, 2025)—Plaintiff filed an emergency ex parte application for

an order immediately requiring transfer of 536,666 shares of Defendant’s common stock.

Defendant intends to interplead in

the proceeding on grounds that the predicate judgment obtained in Ventura County, California Superior Court was never properly served

upon Defendant.

From time to time, we may become involved in various legal actions that arise in the normal course of business.

2 unchanged sentences

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-Q

Item 1. Legal Proceedings