Posted November 13, 2015 6:00 am by Comments

By Nathaniel F

metal6

Australian company Metal Storm, home of the eponymous electrically-fired sequential-firing high rate of fire concept, became insolvent and was placed under administration in 2012, but the fallout is ongoing, and could become considerable. Financial Review reports: A New York-based investment firm advised by John Hancock will sue Equity Trustees for tens of millions of dollars following the demise of electronic […]

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The post Metal Storm Collapse Leads To Multi- Million-Dollar Lawsuit appeared first on The Firearm Blog.

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Source:: The Firearm Blog

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