FOR IMMEDIATE RELEASE
Max Samis, Press Secretary
Brady Campaign Responds to Sturm, Ruger & Co., Inc.'s Successful Shareholder Resolution on Gun Safety Report
Washington, D.C., May 9, 2018 - Today, Ruger’s shareholders passed an important shareholder resolution about gun safety at the company’s annual meeting. The resolution calls on the Board of Directors to issue a report about gun safety and ways to reduce gun violence.
Brady Co-President Avery Gardiner:
“This is a first-of-its-kind victory. The company, unsurprisingly but disappointingly, urged shareholders to oppose this resolution.
“Shareholders made it clear today that Ruger’s ‘enforce existing laws’ approach is woefully insufficient and out of step with what the company’s owners want.
“Ruger’s sales were down more than 20 percent in the first quarter of the year, compared to the prior year, and its earnings were down more than 30%.
Brady Campaign Co-President Kris Brown:
“Against a backdrop of incredible public support for sensible gun reforms, Ruger’s financial performance is tanking. The Board’s loss today on this shareholder resolution must be making the Board even more nervous.
“It is alarming that as gun violence is claiming 96 lives a day, the gun industry is doing so little to prevent the misuse of its products.
“That Ruger’s board fought this resolution reveals it is not at all concerned about the needless deaths and injuries caused by their products.”
The mission of the Brady organization and its Million Mom March is to create a safer America by cutting gun deaths in half by 2025. For more insight on gun violence prevention, follow us on Facebook and Twitter @BradyBuzz.
About Us: The Brady Campaign and Center, united with the Million Mom March, is a national network of over 90 grassroots chapter affiliates mobilized to prevent gun violence at the community level. The network has played a vital role in expanding Brady background checks in the six states that have passed legislation since the shooting in Newtown, Connecticut and produced one of the largest national protests of gun violence in U.S. history - The Million Mom March, Mother's Day 2000.