Not easy for shareholders to make gun makers change
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Some investors have campaigned to remove gun maker Sturm, Ruger’s board members.
PHOTO: AFP
(NYTIMES) - The message after a mass shooting in the United States, this time at a Texas elementary school, was clear: People who want to curb gun violence should "cast their vote in November". That was how Senator Chuck Schumer put it.
But not everyone will have to wait until then. Shareholders of the Connecticut-based gun maker Sturm, Ruger can vote on a shareholder proposal which states that because of "the inherent lethality of firearms", Ruger must hire an outside firm to study its impact on human rights, "above and beyond legal and regulatory matters".
