SEC - U.S. Securities and Exchange Commission

08/10/2026 | Press release | Distributed by Public on 08/10/2026 16:05

Litigation Releases (James Brian Blaylock)

U.S. SECURITIES AND EXCHANGE COMMISSION

Litigation Release No. 26604 / August 10, 2026

Securities and Exchange Commission v. TKO Farms, Inc. et al.

No. 8:22-cv-00941-AHS-(KESx) (C.D. Cal. filed May 6, 2022)

SEC Obtains Final Judgment Against Unregistered Broker Charged In Fraudulent Offering Scheme

On July 21, 2026, the U.S. District Court for the Central District of California entered a final judgment as to Defendant James Brian Blaylock for his role in an alleged fraudulent offering of unregistered securities.

On May 6, 2022, the SEC filed a complaint alleging that, between May 2017 and March 2021, Blaylock and others raised more than $20 million from investors through securities offerings to share in profits generated by an exotic hardwood and citrus tree farm located in Belize. The complaint alleged that Blaylock, who was not registered as a broker or dealer, managed a center where salespeople "cold called" prospective investors.

On July 20, 2026, the Court granted the SEC's motion for default judgment, finding that Blaylock violated Sections 5(a) and 5(c) of the Securities Act of 1933 and Section 15(a) of the Securities Exchange Act of 1934. The final judgment permanently enjoins Blaylock from violating the above-mentioned provisions of the federal securities laws and from soliciting any person or entity to purchase or sell any security. The Court also ordered Blaylock to pay a civil penalty of $100,000.

The litigation was handled by Ruth Pinkel and supervised by Stephen Kam of the SEC's Los Angeles Regional Office.

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