What changed in this filing

/stocks — the workspaceLOADING

Item 1. Legal Proceedings

2025-11-19 compared with 2025-08-19 · 61 added, 119 removed, 106 unchanged (63% of the section changed)

9 unchanged sentences

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.

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

25-30186, Adv.

1 unchanged sentence

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.

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

Defendant has contested Debtor’s claims.

No amount has been reserved in connection with the dispute.

Blondo Constructors, Inc.

VivaVentures Remediation

Corporation, et al.

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.

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 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 payment.

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.

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.

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.

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.

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.

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.

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

Vivakor, Inc., et al.

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.

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 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, 2023.

The parties have reached a settlement and are in the process of drafting the necessary paperwork, which, if successful, will dismiss this lawsuit with prejudice.

Great Lakes Petroleum Co.

Vivakor, Inc.,

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

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

25-CVS-011392-590 (Sup.

1 unchanged sentence

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.

A 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,

Vivakor, Inc., James Ballengee, et al.

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.

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.

As disclosed in the Company’s Current Report on Form 8-K filed with the Commission on October 23, 2025, the a parties to this litigation settled this lawsuit under the terms of a Settlement Agreement dated October 17, 2025 and all dates and deadlines related to this lawsuit have been taken off calendar by the Court, which will retain jurisdiction of this lawsuit through the final payment of the Settlement Agreement consideration.

Julie Ridenhour Tonroy, as Personal Representative

3 unchanged sentences

Ct., Blaine Cty., Okla.—March 21,

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.

2024)—Plaintiff asserts claims of negligence, respondeat 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,

Endeavor Crude is a subsidiary of Vivakor, Inc.

and Meridian Equipment Leasing, LLC is a former subsidiary of Vivakor, Inc.

Plaintiff sought damages in excess of $75,000.

This lawsuit was settled through mediation.

A settlement agreement has been entered and

a Motion to Approve Settlement will be filed with the Court.

Kellie Yates v.

2 unchanged sentences

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.

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.

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

Endeavor Crude, LLC, et al.

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.

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.

5 unchanged sentences

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.

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 and on-going.

MV Purchasing, LLC et al., v.

Endeavor Crude,

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.

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.

7 unchanged sentences

interest, attorneys fees, and costs of court.

Endeavor Crude, LLC is currently exploring its options related to the entry of default

Rocket Capital NY LLC v.

Silver Fuels Processing,

Silver Fuels Processing, LLC, et al.

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.

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.

Vivakor, Inc., et al ., Cause No.

2025-39438 (190th Dist.

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.

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.

5 unchanged sentences

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.

Defendants are vigorously

contesting this case.

Viva Wealth Fund I, LLC v.

7 unchanged sentences

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

Defendants intend to vigorously

contest the case.

Defendants are vigorously contesting

Tyler Nelson v.

Vivakor, Inc., et

al ., Case No.

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.

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.

As disclosed in the Company’s Current Report on Form 8-K filed with the Commission on November 12, 2025, the a parties to this litigation settled this lawsuit under the terms of a Settlement Agreement dated November 5, 2025 and all dates and deadlines related to this lawsuit have been taken off calendar by the Court, which will retain jurisdiction of this lawsuit through the final payment of the Settlement Agreement consideration.

Vivakor, Inc.

3 unchanged sentences

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.

Defendant is in settlement negotiations

at this time in an attempt to settle this matter.

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