Majority Action And ICCR Respond To Sturm Ruger’s Annual Meeting

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Majority Action And ICCR Respond To Sturm Ruger’s Annual Meeting
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WASHINGTON — Eli Kasargod-Staub, executive director of Majority Action, a nonprofit organization that empowers shareholders to hold corporations accountable to high standards of corporate governance, social responsibility, and long-term value creation, and Josh Zinner, CEO of the Interfaith Center on Corporate Responsibility (ICCR), released the following statement in response to Sturm Ruger & Company Inc (NYSE:RGR)’s annual general meeting today in which shareholders asked the company to reverse its policy of refusing to meet with investors.

“We are hopeful that Sturm Ruger will swiftly drop its policy of refusing to engage with investors and immediately pursue meaningful and productive dialogue with shareholders concerned about the risks to public safety. Sturm Ruger can and should meet with concerned investors to pursue opportunities to improve public safety and shareholder value, while effectively managing the reputation and financial risks to long-term investors presented by gun violence.”

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