CAMPEAU SAYS IT IS NOT PART OF SEC PROCEEDING
  &lt;Campeau Corp> said it is not involved
  in the Securities and Exchange Commission's administrative
  proceeding against Allied Stores Corp, which Campeau acquired
  at the end of last year.
      In a statement, the company said, "The SEC action involves
  events that occurred prior to Campeau's acquisition of Allied
  relating to the alleged failure of Allied to make certain
  disclosures. Consequently, Campeau is not subject to the
  procedings."
  

