Tag Archives: gunmakers

Politico reports: The Supreme Court has agreed to decide whether the government of Mexico can sue the leading gun manufacturers in the U.S. for allegedly fueling drug cartel violence south of the border. The justices announced Friday that they will hear the gunmakers’ challenge to an appeals court ruling that would allow the unusual, $10 billion lawsuit to proceed in …

Semafor reports: The attempted assassination of Donald Trump lifted his political fortunes — and his actual fortune. Shares of Donald Trump’s media company surged after the weekend’s assassination attempt, lifting Trump’s 60% stake in the company by nearly $800 million. Stocks seen as winners in a second Trump administration also spiked: gun and bullet manufacturers, prison operators, cryptocurrency companies, and …

The Associated Press reports: A 19-year-old Michigan man who lost his right eye after being shot with a firearm made from a ghost gun kit filed a lawsuit Tuesday against his former best friend who accidentally shot him and the Pennsylvania company that sold his friend the kit. The lawsuit, which was filed in Washtenaw County Circuit Court, alleges that …

Axios reports: RemArms, previously known as Remington Arms, will close its gun factory in New York next year, per the Observer-Dispatch of Utica. The decision comes as the gun manufacturer, considered the oldest gun maker in the U.S., has twice filed for bankruptcy since 2018 and has been subject to layoffs and temporary closures in recent years. Last year, the …

Courthouse News reports: The city of Buffalo sued a slew of gunmakers Tuesday, accusing them of oversupplying weapons and using marketing tactics that have fueled gun violence in the city. In May, the city was rattled after a white teenage gunman killed 10 people at a Tops supermarket in a predominantly Black neighborhood in Buffalo.  Among the defendants in Erie …

Law & Crime reports: A gun control group has filed a lawsuit on behalf of the victims and survivors of the 2019 Poway Synagogue shooting. Both the manufacturer and dealer of the weapon that was allegedly used in the attack are named among many defendants. Attorneys with gun control group Brady United filed the complaint against American Outdoor Brands Corporation, …