All articles tagged with #smith and wesson
Smith & Wesson's Facebook account was suspended in error, prompting the gunmaker to thank Elon Musk and X for supporting free speech. The suspension, which Facebook's parent company Meta has since reversed, was criticized by Smith & Wesson as an attack on First and Second Amendment rights. The company encouraged followers to seek platforms that align with these values, while Musk affirmed X's commitment to constitutional rights.
A group of activist nuns has filed a shareholder lawsuit against gun maker Smith & Wesson, urging the company to change its marketing and manufacturing practices for the AR-15 rifle. The nuns argue that the company's leaders are exposing shareholders to risk by producing and selling a weapon that has been used in multiple mass shootings.
Liberal activist shareholders are preparing to sue Smith & Wesson, one of the largest gun manufacturers in the US, alleging that the company violated its fiduciary duty by selling and promoting AR-15 rifles. The lawsuit claims that the company's board failed to exercise oversight, exposing shareholders to unnecessary liability. This legal action is part of a broader movement known as environmental, social, and governance (ESG), which aims to pressure investors to be more socially conscious. Critics argue that ESG investments prioritize political agendas over financial returns, while proponents argue that it helps identify riskier companies and promotes safer returns.
Firearm manufacturer Smith & Wesson has officially relocated its headquarters from Massachusetts to Tennessee, receiving praise from the NRA. The move is seen as a testament to the company's commitment to the firearm industry and Second Amendment rights. Smith & Wesson held a ribbon-cutting ceremony at its new headquarters, which spans 650,000 square feet. The relocation was facilitated by Tennessee's favorable gun laws and the company's collaboration with local leaders. The new facility will also feature a museum and retail store in the future.
Elvis Presley's Smith & Wesson model 53 double-action revolver, gifted to him nine months before his death, has sold for $200,000 at auction, more than double the expected price. The revolver was specially engraved and was one of the 37 firearms owned by the late singer. Elvis was known for his love of collecting guns and would carry one during his concerts. The auction also includes other Elvis memorabilia such as a custom-made mink and leather coat, a pendant necklace, an owl-shaped ring, and a concert ID badge.