The Supreme Court unanimously blocked Mexico’s lawsuit against U.S. gunmakers. The Mexican government’s lawsuit that accused gunmakers including Smith & Wesson Brands (SWBI) and Sturm Ruger (RGR) of helping to funnel firearms to the county’s drug cartels. The Supreme Court ruled Mexico’s suit was barred under a 2005 U.S. law that gave the gun industry broad protection from legal liability.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RGR:
