SEC v. John J. Kralik V, JKV Capital, LLC and JKV LLC (2024)

Settled

✓ Checked against the primary document on October 4, 2026. The library's summary, tags and figures for this record were compared with the regulator's own document by an AI model (Claude) following written instructions, with sampled and disputed records read a second time. No lawyer has reviewed them. A checked record can still contain errors, and checked does not mean endorsed. See how we check records or report a correction.

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In July 2024 the SEC sued John J. Kralik V and his companies JKV Capital and JKV LLC over alleged false statements and misuse of investor money in five real estate funds. The case was dismissed upon settlement in December 2025, and on August 20, 2026 the court entered a consent judgment that enjoins the defendants; disgorgement, interest, penalty and any officer-and-director bar were left for the court to set later.

The record

What was ordered

Civil penalty

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Disgorgement

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Prejudgment interest

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Total relief

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Alleged gain

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A dash means the release did not state a figure we could extract, not that the figure is zero. Penalty and disgorgement are stored separately so aggregates across the library do not double-count the same dollars.

What is alleged to have happened

The Securities and Exchange Commission announced this matter on July 2, 2024 as release LR-26043. The complaint alleges that Kralik raised over $16.9 million from about 35 investors for five real estate funds, misappropriated more than $1.6 million and moved money between the funds, including Ponzi-like distributions. JKV Homes, LLC is a relief defendant. An officer-and-director bar is sought.

This library does not tag the matter as a Ponzi scheme: on a source check, the document mentions Ponzi-like payments only in passing, or as part of another party's scheme, and the charges are about something else. The tagging is ours, not the regulator's: agencies charge statutory provisions, not technique names.

Outcome. The docket (C.D. Cal. 8:24-cv-01460) shows an order of dismissal upon settlement on December 10, 2025, which allows the case to be reopened on request, and a judgment as to the defendants entered on August 20, 2026 (Document 64). In that judgment the defendants consented without admitting the allegations. It permanently enjoins them from violating Section 10(b) and Rule 10b-5 and Section 17(a) of the Securities Act in the ways described, and says the amounts of disgorgement, prejudgment interest (running from March 1, 2022) and any civil penalty, and whether to order an officer-and-director bar, will be decided on a later SEC motion, with the defendants barred from disputing liability then. We found no order setting those amounts, so no money is stored. The judgment names Kralik, JKV Capital and JKV LLC; the relief defendant JKV Homes, LLC is named in its caption but we did not check how its claims ended.

Timeline

1. 2024-07-02 Litigation release published
2. 2025-12-10 Order of dismissal upon settlement
3. 2026-08-20 Consent judgment as to defendants entered; monetary relief to be set later

Primary documents

Everything on this page derives from the documents below. Where our summary and the primary document disagree, the primary document is right.

• SEC litigation release
• Judgment as to Defendants (C.D. Cal., Doc. 64), via CourtListener
• Docket, SEC v. Kralik (C.D. Cal. 8:24-cv-01460), via CourtListener

The linked release is a work of the United States government and is not subject to copyright. Our summary and narrative above are our own writing.

Record added September 10, 2026. submit a correction.