Court of Appeals for the Seventh Circuit April 14, 1997, 96-2592 (Sandra Buckley, Ira v. Archer-Daniels-Midland Company, Dwayne O. Anreas, Michael D. Andreas)

MANION, Circuit Judge.

Sandra Buckley filed a class action lawsuit against Areher-Daniels-Midland Company and its directors, alleging they violated the Securities Exchange Act of 1934 and SEC Rules by omitting material facts from a proxy statement issued for the 1995 annual meeting at which shareholders would elect directors to ADM’s board.