Court To Decide Whether Church Can Raise Cain Over Gun Sales

posted on April 9, 2015

A hearing to determine whether shareholders could prevent Walmart from selling modern sporting rifles began yesterday in the 3rd U.S. Circuit Court of Appeals. In November, a district court sided with New York’s Trinity Wall Street Church, which owns 3,500 shares of stock in the company, ruling that shareholders could force Walmart board of directors to review the decision to sell certain firearms and that the proposal to do so must be included on upcoming corporate ballots.

Though Trinity Rev. James H. Cooper denies the church’s proposal is “anti-gun,” many in the firearms and legal communities believe this is a case of activist investors attempting to gain enough power to press a gun-control agenda within the corporation. Even if Trinity wins the case, however, it’s unlikely to prevent the roughly 1,800 stores that sell firearms from continuing to do so—the pro-gun Walton family still owns about half the company’s shares. What’s actually at stake is the precedent that could be set for corporate governance going forward.

Latest

Robert J. Cottrol
Robert J. Cottrol

Shooting Straight With Robert J. Cottrol

Robert J. Cottrol, a law and history professor, noticed that a lot of Americans need to better understand the Second Amendment. He decided to do something about it.

SCOTUS to Hear Another Second Amendment Case

The U.S. Supreme Court recently announced that it will hear a case that challenges the ATF’s so-called “ghost gun” rule later this year.

Trump Promises to Protect the Second Amendment

With a full arena watching at the NRA Great American Outdoor Show, Trump was met with repeated cheers. Here is what he had to say.

Hawaiian Judges Thinks the “Spirit of Aloha” Invalidates Our Rights

These Hawaiian judges decided that the words plainly written in the state’s constitution don’t actually mean what they say.

Inside The War On Your Gun Stores Manufacturers

Using the authority of his pen and the government agencies he oversees, Biden is waging war on gun stores and manufacturers.

“Face the Nation” Airs ATF Propaganda

What transpired in this interview showcases how the ATF has become another arm of the most anti-gun administration in history.



Get the best of America's 1st Freedom delivered to your inbox.