With Sturm, Ruger’s annual meeting coming on May 9, RGR shareholder Amalgamated Bank sent a letter to the gun maker demanding that it publicly commit to the Everytown Actions, a list of policy positions created by Michael Bloomberg’s Everytown for Gun Safety organization. The bank threatened to withhold votes for board member Sandra Froman, who is a past president and current director of the NRA, if the company refuses.

The demands were couched in the language of a concerned shareholder, noting that RGR’s sales dropped 22% and earnings per share declined 36% in 2017, and expressed concern that the company was ... Log in to view full article.