Via a tweet by Firearms Policy:
One of the largest public pension funds in the nation voted Wednesday to use its financial might to pressure gun retailers across the country to stop selling military-style assault weapons and accessories like rapid-fire “bump stocks” used at the 2017 Las Vegas mass shooting.
The $222.5 billion California State Teachers’ Retirement System said it will try to unseat board members at companies that resist and could dump its stock in those retailers if they still refuse to conform to laws already in effect in California.
These people should be prosecuted for conspiracy to infringe upon the rights of the citizens of the United States.
Fire-selling shares of a company with no real underlying weakness accomplishes nothing more than to create an amazing yet transient buying opportunity for intelligent people who are actually good at investing.
Better yet, they should dump all their shares and then sell short RGR and AOBC. That’ll show ’em who’s boss.
Prosecute them for violating their fiduciary duties, too.
I think the tort is interference with lawful business. It’s been a while,
Conspiracy to interfere requires a cooperative District Attorney to file a criminal action.