SEC Says Calif. Man Dragging Feet On Fraud Suit Settlement

By Katryna Perera · February 19, 2026, 8:00 PM EST

The U.S. Securities and Exchange Commission has moved to reopen a securities fraud case accusing a California man of misappropriating more than $1.6 million from investors through five real estate funds,...

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Case Information

Case Title

Securities and Exchange Commission v. John J. Kralik V et al

Case Number

8:24-cv-01460

Court

California Central

Nature of Suit

Securities/Commodities

Date Filed

July 02, 2024