Walmart Suspends Gun Sales?

[dave603]

There is a minority Wal Mart stock holder, a NYC Church, that has a suit going with Wall Mart over the sale of what the church and the law suit are calling assault rifles with large capacity magazines. It stems from the Church wanting "shareholders to vote on a resolution calling on Wal-Mart’s board to review management decisions to sell the weapons, as well as other products that could harm the company’s reputation." It seems they are both suing each other over allowing this type of resolution to be admitted to the shareholders.

I don't see why that lawsuit has caused Wal Mart to pull all of it's guns off the shelves, since none of the stores around here I've been to, carry those type rifles around here anyway.

From what I found online, the church only has around 3500 shares of stock.
Since this particular shareholder is NYC based, which has no Wal-marts, the stock may have been bought, just to bring this type of resolution up to the other shareholders.

It does seem more likely that it's just a temporary licensing issue due to the move.