(805 ILCS 5/7.55)
(from Ch. 32, par. 7.55)
No proxy shall be solicited by means
of any communication containing a statement which, at the time and in the
light of the circumstances under which it is made, is false or misleading
with respect to any material fact, or which omits to state any material
fact necessary in order that the statements made not be false or misleading.
(Source: P.A. 83-1025.)