Court of Appeals for the Ninth Circuit April 27, 1982, 78-3749, 78-3754 (Fed. Sec. L. Rep. P 98,664 Paul W. Zell v. Intercapital Income Securities, Inc., C. Fiumerfreddo, D. Greenwald and R. Long)

BROWNING, Chief Judge:

Plaintiff, a shareholder in InterCapital Income Securities, Inc. (the Fund), brought this action on behalf of himself and other shareholders charging defendants violated various provisions of federal securities laws, including Section 14(a) of the Securities Ex

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of 1934 and Rule 14a-9, by failing fo disclose material information in two proxy statements.