From Mass-
The Interfaith Center, which includes the Northwest Coalition for Responsible Investments the Sisters of the Holy Names of Jesus and Mary U.S.-Ontario and the Adrian Dominican Sisters, bought stock in American Outdoor Brands in order to have a voice as a shareholder in the company.
It’s
a new technique activists are using to get their point across in
corporate America. Episcopal Church groups, both the local
Springfield-based diocese and the national organization, bought American
Outdoor Brands stock for the same reason. The Episcopal Church must
wait at least a year in order to put its own referendum on a shareholder
ballot.
The Interfaith Center has also
targeted Smith & Wesson competitor Sturm, Ruger & Co., opposing
Board Chairman Michael Jacobi and director Sandra Froman after Ruger
rejected any corporate responsibility for improving gun safety, refusing to even acknowledge the risks to long-term shareholder value.
Ruger has its headquarters in Southport, Connecticut.
More here-
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