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Pacific Coast Oil Trust (NYSE:ROYT) Investor Investigation Concerning Potential Securities Laws Violations

  • If you purchased shares of Pacific Coast Oil Trust (NYSE:ROYT), you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
Pacific Coast Oil Trust
Security
NYSE: ROYT

Summary

October 20, 2014 (Shareholders Foundation) - An investigation on behalf of investors of Pacific Coast Oil Trust (NYSE:ROYT) shares over potential securities laws violations by Pacific Coast Oil Trust and certain of its directors and officers in connection certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Pacific Coast Oil Trust (NYSE:ROYT) concerning whether a series of statements by Pacific Coast Oil Trust regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Pacific Coast Oil Trusts initial public offering (IPO) was on May 8, 2012.

Pacific Coast Oil Trust reported that its annual Total Revenue rose from $41.32 million in 2012 to $70.08 million in 2013 and that its respective Net Income increased from $40.83 million to $69.36 million.

Shares of Pacific Coast Oil Trust (NYSE:ROYT) declined from $19.85 per share in May 2012 to as low as $7.78 per share on October 15, 2014.

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