{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-068702","form_type":"8-K","ticker":null,"cik":"0001538822","company_name":"Pacific Coast Oil Trust","filed_at":"2025-07-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.275674+00:00","generated_at":"2026-05-18T05:57:31.583448+00:00","sec_items":["4.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Pacific Coast Oil Trust auditor PKF resigns; cites allegations and missing ARO documentation","bullets":["PKF resigned on July 11, 2025, without completing audits for years 2019-2024 or reviews for 2023-2025.","PKF flagged former employee allegations against PCEC that may materially impact fairness/reliability of Trust's financials.","PKF did not receive requested documentation supporting asset retirement obligation estimates from PCEC.","Trustee's investigation hindered by PCEC's failure to loan sufficient funds; Trust expects to miss Q2 2025 10-Q deadline.","Trust has not yet identified a successor independent auditor."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-068702","json":"https://secwatch.observer/filing/0001104659-25-068702.json","markdown":"https://secwatch.observer/filing/0001104659-25-068702.md","text":"https://secwatch.observer/filing/0001104659-25-068702.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1538822/000110465925068702/0001104659-25-068702-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1538822/000110465925068702/tm2521155d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T05:57:31.583448+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0db5f1c999ed43e659467dd90909d7db857bd1d5","claim":"Pannell Kerr Forster of Texas, P.C. resigned as auditor of Pacific Coast Oil Trust.","evidence_excerpt":"On July 11, 2025, Pannell Kerr Forster of Texas, P.C. (“PKF”) resigned as the independent registered public accounting firm of Pacific Coast Oil Trust","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1538822/000110465925068702/0001104659-25-068702-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"resignation"},{"label":"Auditor","value":"Pannell Kerr Forster of Texas, P.C."}],"fact_type":"auditor_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}