Walmart Beats Out Church In Court Fight Over Gun Sales – Forbes

Walmart has emerged victorious in a court battle against one of the country’s oldest churches over the retailer’s sale of assault weapons.

On Tuesday, the U.S. Court of Appeals reversed a previous ruling that would have required Walmart to let its shareholders vote on a proposal for tighter oversight of firearm sales at this June’s annual meeting.

New York City’s Trinity Church — a Walmart shareholder — had taken issue with the big-box giant’s sale of guns with high-capacity magazines of the sort used in mass killings.As Trinity’s recently retired rector Rev. Dr. James Cooper explained to Forbes in February, the church wasn’t seeking a ban on the sale of assault weapons at Walmart.

Rather, their shareholder proposal sought to require Walmart’s board to oversee the sale of “products that especially endanger public safety and well-being, risk impairing the company’s reputation, or offend the family and community values integral to the company’s brand,” as the document first filed with the Security and Exchange Commission last year read.

Read more at Walmart Beats Out Church In Court Fight Over Gun Sales – Forbes.