Anti-gun activists sneak into the back door to sabotage gun makers by making new rules for them. A case in point is the recent resolutions forced on the maker of Smith & Wesson guns. See Investors Push Gun Maker*. Excerpt:
Investors in American Outdoor Brands Corp. on Tuesday won a shareholder vote urging the top U.S. firearm maker to do more to address gun violence.
The proposal asks the maker of Smith & Wesson guns to track shootings involving their products and consider investing more in technology to prevent their unauthorized use. Nearly 70% of investors in Sturm, Ruger & Co. backed a similar shareholder proposal at that company in May.
The percentage of shareholders who backed the proposal at American will be disclosed in later financial filings. American Outdoor said it would prepare the required report by February, but made no further concessions to investors who have won backing from some large fund managers.
*The web version is titled: "Shareholders Win Vote Urging Smith & Wesson Maker to Review Safety Efforts."
The New York Post casts it as a Nuns vs. guns fight in Smith & Wesson loses duel with nuns over gun safety.
Is the camels nose in the tent? Whatever their long term goal, it's a sneaky way to try to defeat gun rights.
2:43 PM 9/28/2018