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ESTEVES-JIMENEZ v. SOSA LLORENS

Civ. No. 91-2302(PG).

789 F.Supp. 508 (1992)

Carlos ESTEVES-JIMENEZ & Candy Areche Holdun, Plaintiffs, v. Jose A. SOSA LLORENS, Defendant.

United States District Court, D. Puerto Rico.

April 27, 1992.

Attorney(s) appearing for the Case

José A. Gallart, Victor E. Báez, Hato Rey, P.R., for plaintiffs.

William Reyes Elias, Hato Rey, P.R., for defendant.

OPINION AND ORDER

PEREZ-GIMENEZ, District Judge.

I. Introduction

This action is brought pursuant to 42 U.S.C. § 1983, seeking to enjoin and declare unconstitutional an order issued by José A. Sosa-Lloréns — Commissioner of Financial Institutions of the Commonwealth of Puerto Rico (the "Commissioner") — mandating that plaintiffs cease and desist from (1) offering and selling of securities without legal registration in...

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