The internet is buzzing with the news that four orders of Roman Catholic nuns have filed a shareholder derivative suit against Smith & Wesson Brands, seeking to force the company to impose stricter standards for manufacturing and marketing the M&P15 rifle, which is similar in style to the AR-15. What seems to be getting less attention is the question of whether the lawsuit will succeed.

(Spoiler alert: almost certainly not.)

QOSHE - Activist Nuns Aren’t Likely to Outduel Smith & Wesson - Stephen L. Carter
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Activist Nuns Aren’t Likely to Outduel Smith & Wesson

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11.12.2023

The internet is buzzing with the news that four orders of Roman Catholic nuns have filed a shareholder........

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