Court of Appeals for the Second Circuit April 10, 1981, 224, 227 and 228, Dockets 80-1236, 80-1240 and 80-1264 (United States v. Russell Reed, James S. Doyle, and Thomas Francis Ryan)

OAKES, Circuit Judge:

Appellants were convicted after a jury trial in the United States District Court for the Eastern District of New York, George C. Pratt, Judge, on one count of securities fraud, three counts of mail fraud, and one count of conspiracy to commit securities and mail fraud.