When the top manufacturer of the rapid-fire devices closed, RW Arms stepped in to sell its remaining inventory. The Fort Worth-based company also offers several rifles — without the required license.
The Business of Guns
The gun-industry’s favorite researcher has long argued that more guns equal less crime.
The activist investors say Smith & Wesson’s reluctance to examine the role of guns in violence hurts the company’s bottom line.
New research contends that a surge in handgun production and possession propelled murder rates in American cites — until new restrictions on firearms reversed the trendlines.
“The point is to demonstrate that as local officials, we’re not helpless," a Piscataway, New Jersey, council member said. "We can use our authority."
In a lawsuit, Slide Fire accuses Merrick Bank of holding its money "hostage." The financial institution says it had to hedge its risk.
State Department officials on Monday outlined a proposed rule change that would transfer oversight of exports of U.S. small arms, including semiautomatic rifles, handguns, and sniper rifles, to the Department of Commerce.
The gunmaker will monitor incidents of violence involving its products, and examine efforts to research and manufacture safer firearms.
LodeStar Firearms is developing a smart handgun that will be chambered in 9mm, closely resemble conventional handguns and cost roughly $750, its CEO said.
“We would like to take the time to thank all of our customers for their patience and support throughout this past month!” a promotion by Slide Fire solutions reads.
Bump stocks are hard to find, but retailers are selling plenty of other devices that skirt the edges of federal law.
A key hurdle the case will face if it moves forward is the Protection of Lawful Commerce in Arms Act.