Ruger boasts about safety record, defends ARs in letter to shareholders
By Daniel Terrill
The Ruger booth during SHOT Show in Las Vegas in January 2018. The company offers some five different series of AR rifles. (Photo: Daniel Terrill/Guns.com)
Sturm, Ruger & Company executives told shareholders Monday they do not and cannot support “stripping” gun rights away from millions of Americans “due to the evil actions of a small number of criminals.” That’s how the Connecticut company concluded their letter after receiving a questionnaire by BlackRock Inc, the world’s largest money manager with some $1.7 trillion in active funds, and as investment firms and banks review their relationships with the gun industry.
Influenced by the activism of students and victims after last month’s school shooting in Parkland, Florida, BlackRock said it wanted to provide more information to clients so they could make investments in line with their social values. The investment company asked publicly traded gun companies about their policies and practices so it could better understand the risks involved in the business.
After the 19-year-old gunman murdered 17 people and injured another 15 with an AR rifle at Marjory Stoneman Douglas High School, gun control activists turned to corporate America for action instead of lawmakers who have repeatedly failed to pass new firearm regulations. Major retailers