Posts Tagged ‘2ND Amendment’

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(CN) – Shareholder concerns about gun violence do not “transcend” Wal-Mart’s interest in managing its daily business operations, including its decision to sell assault rifles, the Third Circuit ruled Monday.

Three months after vacating an injunction against Wal-Mart, the federal appeals court explained why the superstore’s 2015 proxy materials need not include a proposal advocating for board oversight of dangerous products.

Trinity Wall Street, a large Episcopal parish in New York City and one of the wealthiest religious institutions in America, had sought such relief as an owner of Wal-Mart stock.

Claiming that it wants to use its investment portfolio to advance its values, particularly focusing on the reduction of violence, the church sought to include a proposal in Wal-Mart’s proxy materials regarding sales of the Bushmaster AR-15, a high-capacity rifle.

Dubbed “The Most Wanted Gun in America” by The New York Times in 2013, the AR-15 is the civilian version of the military’s standard M-16 rifle.

Full Story @ [Courthouse News]

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A federal judge has ordered that the Brady Center to Prevent Gun Violence pay the legal fees of an online ammunition dealer it sued for the Aurora movie theater shooting.

The order, which was issued last week, comes after Judge Richard P. Matsch dismissed the gun control group’s suit that sought to hold Lucky Gunner legally responsible for the 2012 shooting. The Brady Center had argued in their suit that the way Lucky Gunner sells ammunition is “unreasonably dangerous and create a public nuisance.”

Judge Matsch disagreed with the Brady Center’s argument. He said the suit was filed for propaganda purposes. “It is apparent that this case was filed to pursue the political purposes of the Brady Center and, given the failure to present any cognizable legal claim, bringing these defendants into the Colorado court where the prosecution of James Holmes was proceeding appears to be more of an opportunity to propagandize the public and stigmatize the defendants than to obtain a court order,” he said in his order.

The company said it would donate that money to a number of gun rights groups and has set up a website to allow its customers to vote on how to distribute the funds.

The case is now pending appeal.

Full Story @ [Free Beacon]