Gun Group urges stockholders to sue for loss of profits!
Dick’s Sporting Goods has destroyed more than $5 million dollars worth of “assault-style” rifles, according to CEO Ed Stack who made the announcement in an interview with CBS News. He also said the changed stance on gun sales has cost the company $250 million.
He said the company turned the weapons into scrap metal.
“If I were a shareholder in Dick’s I would sue their CEO for the value of his destruction to property I invested in. His action is no different than theft,’ said Alan Gottlieb, Founder of the Second Amendment Foundation.
Stack claimed he is not anti-Second Amendment. He is, however, against having his stores associated with any more mass shootings.
Stack has been chairman and CEO of Dick’s Sporting Goods since 1984. This nation has faced numerous mass shootings throughout his time heading the large sporting goods company, a company that has sold what he now refers to as “assault-style” rifles. Why destroy these rifles, turning them into scrap? Why limit the sale of guns/ammo? What has changed?
According to Stack, the move comes after Dick’s made the decision last year to stop carrying the rifles following the 2018 mass school shooting in Parkland, Florida, that left 17 people dead. The shooter had purchased a shotgun from Dick’s, though it should be noted that it wasn’t the weapon used in the Parkland shooting.
Dick’s Sporting Goods isn’t the only retailer choosing to limit gun/ammo sales. Why now? The Parkland shooting last year certainly isn’t the first mass shooting our country has faced. How could retailers, like Dick’s Sporting Goods, choosing not to sell guns/ammo impact second amendment rights? How was it reasonable or logical to destroy millions of dollars worth of rifles? Are these companies implying that law-abiding gun owners are to blame for these shootings? Are retailers being pressured into limiting gun sales by activists on Twitter, assuming this is the majority consensus among their patrons? Will their limiting gun/ammo sales help prevent or cut back on future mass shootings?
The impact of these massive corporations’ decision to limit gun/ammo sales remains to be seen.
The National Shooting Sports Foundation expelled Dick’s from membership last year for “conduct detrimental” to the firearms trade group, but Stack remains undeterred in the company’s direction.
READ MORE: https://www.foxbusiness.com/markets/dicks-sporting-goods-eliminated-5-million-worth-of-rifles
ABOUT ALAN GOTTLIEB:
Alan is a strong advocate of defense. He’s a nuclear engineering graduate of the University of Tennessee, publisher of Gun Week, chairman of the Citizens Committee for the Right to Keep and Bear Arms, and Founder of the Second Amendment Foundation. He also serves on the Board of Directors of the American Conservative Union.
ABOUT MARK WALTERS:
Mark Walters is a national board member of the Citizens Committee for the Right to Keep and Bear Arms and a broadcast media spokesman for the Second Amendment Foundation.
Mark is the recipient of the 2015 Gun Rights Defender of the Year Award, a weekly national columnist for Ammoland, and author of three books, Lessons from Armed America with Kathy Jackson: foreword by Massad Ayoob, Lessons from Unarmed America with Rob Pincus: foreword by Ted Nugent and Grilling While Armed.
Mark has appeared on national and international radio and television on gun-related stories and is a popular podium speaker on firearms topics as well.
Mark is a husband and father of two children and resides in Georgia with his family.
ABOUT DAVE WORKMAN…
Dave Workman is an award-winning career journalist and senior editor of TheGunMag.com (formerly Gun Week). He also writes for Liberty Park Press, Conservative Firing Line and several firearms periodicals. He is also the communications director for the Citizens Committee for the Right to Keep and Bear Arms.
He has authored Op-Ed pieces in several major newspapers including the Chicago Tribune, Seattle Times and Atlanta Journal-Constitution. He has also co-authored seven books with Alan Gottlieb, founder of the Second Amendment Foundation.
Workman’s beat is firearms, from politics to the outdoors. He is widely considered an authority on firearms, concealed carry and gun politics.
ABOUT THE 2ND AMENDMENT FOUNDATION:
The Second Amendment Foundation (www.saf.org) is the nation’s oldest and largest tax-exempt education, research, publishing and legal action group focusing on the Constitutional right and heritage to privately own and possess firearms. Founded in 1974, The Foundation has grown to more than 650,000 members and supporters and conducts many programs designed to better inform the public about the consequences of gun control.
