Smith & Wesson Faces Shareholder Derivative Suit
Four groups of nuns who collectively own about 1,000 SWBI shares have filed suit in NV state court, ostensibly on behalf of all shareholders, accusing the gunmaker of exposing itself to liability by making and marketing AR-platform rifles. The suit accuses Smith & Wesson of marketing the firearms to young men using video game imagery, and seeks to ... Log in to view full article.
