CAMPEAU SAYS IT IS NOT PART OF SEC PROCEEDING <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."