---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-022190"
form_type: "8-K"
ticker: "AIFC"
cik: "0000862861"
company_name: "AI Financial Corp"
filed_at: "2024-05-31T23:59:59+00:00"
generated_at: "2026-06-01T07:18:10.520595+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# JanOne settles SEC civil action; consents to $250K penalty and permanent injunction

## Summary
- Settlement with SEC resolves August 2021 complaint for alleged violation of Section 10(b) and Rule 10b-5.
- Company consents to permanent injunction from future violations, without admitting or denying allegations.
- Civil penalty of $250,000 to be paid in four quarterly installments of $62,500 each.
- Judgment entered on May 28, 2024 by U.S. District Judge James Mahan in Nevada.
- Settlement agreement and final judgment incorporated into court order available on PACER.

## SEC filing metadata
- accession: 0001493152-24-022190
- form_type: 8-K
- ticker: AIFC
- cik: 0000862861
- company_name: AI Financial Corp
- filed_at: 2024-05-31T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 1.101
- EDGAR index: https://www.sec.gov/Archives/edgar/data/862861/000149315224022190/0001493152-24-022190-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/862861/000149315224022190/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-022190
- JSON: https://secwatch.observer/filing/0001493152-24-022190.json
- Plain text: https://secwatch.observer/filing/0001493152-24-022190.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.