California Corporations Code Section 25530(b): Government Agency Suit Versus the Private Class Action

Authors

Steven L. Sumnick

Abstract

A growing number of governmental agencies are being given the power to seek relief for private individuals when violations of civil liability provisions of statutes have occurred. This note analyzes such a power as vested in the California commissioner of corporations by the 1968 California securities law, with particular emphasis given to determining the appropriate judicial course of action when both a government action and a private class action compete to obtain private relief.

Recommended Citation

Steven L. Sumnick, California Corporations Code Section 25530(b): Government Agency Suit Versus the Private Class Action, 27 Hastings L.J. 265 (1975).
Available at: https://repository.uclawsf.edu/hastings_law_journal/vol27/iss1/8