A federal judge in Nevada dismissed a lawsuit by a group of nuns that claimed Smith & Wesson violated its fiduciary duty to shareholders by making and selling AR-15s.
On May 7, 2024, Breitbart News reported a similar dismissal in Nevada’s Clark County District Court, after plaintiffs including the Adrian Dominican Sisters, Sisters of Bon Secours USA, Sisters of St. Francis of Philadelphia, and Sisters of the Holy Names of Jesus & Mary, filed suit. They filed a suit claiming that the defendants, who are Smith & Wesson board members and the company’s senior management team, “knowingly allowed the Company to become exposed to significant liability for intentionally violating federal, state, and local laws through its manufacturing, marketing, and sales of AR-15 style rifles and similar semiautomatic firearms.”
