Court of Appeals for the Second Circuit April 29, 1981, No. 599, Docket 80-7642 (Wilson v. Comtech Telecommunications Corp.)

OAKES, Circuit Judge:

This appeal, dealing with securities regulation, involves both an alleged failure by a corporation and its officers to correct informal financial projections and an alleged violation of the “disclose or abstain” rule relating to insider trading. Suit was brought by appellant Robert W.