POSNER, Circuit Judge.
Duane Haas, a shareholder of Wieboldt Stores, Inc., brought this damage action against Wieboldt under the Securities and Exchange Commission's Rule 14a-7, 17 C.F.R. § 240.14a-7, which so far as pertinent here requires a corporation to mail a shareholder's proxy materials. The district court dismissed Haas's complaint on Wieboldt's motion, so for purposes of this appeal we must assume that the facts alleged in the complaint are true.
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