Wal-Mart won back control of its policy for the sale of guns with high-capacity magazines with a short order from the Third Circuit on Tuesday.
The appeals court reversed a December decision from the District of Delaware that had ruled Wal-Mart would have to include in its annual report to shareholders, called a proxy statement, a proposal from one of its shareholders, an Episcopal church in New York that filed under the name Trinity Wall Street, that would ask them to vote on putting the oversight of policies concerning the sale of certain merchandise, including guns with high-capacity magazines, in the hands of the board.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
