	bancroft bcv files suit against zico bancroft convertible fund inc said it filed a lawsuit in federal court in newark n j seeking to block a hostile dlr a share takeover offer by zico investment holdings inc bancroft said the suit also names michael b javett principal officer of zico and first fidelity bancorp s ffb first fidelity bank unit the depositary for zico s offer bancroft said the suit also names georgeson and co inc zico s information agent and luthie intercontinentale inc a panamanian corporation bancroft said its complaint alleges that zico s tender offer materials include false and misleading information and that the offer violates the investment company act of the company said its stockholders approved proposals that will insure that it remains independent reuter 
