Tactical Atlas Firearm Blog
$5M class action suit filed against Century Arms
by Daniel TerrillA class action lawsuit, seeking $5 million, has been brought against Century Arms. The civil suit claim the company produced a series of rifles with a defective safety and hasn’t tried to recall it.
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TrackingPoint now offering financing
by Daniel TerrillTrackingPoint rifles are known for futuristic tech that was previously only seen in movies and an asking price out of reach of the average gun owner, but now they're easier to buy.
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Judge in Remington trigger lawsuit voices concerns over proposed settlement
by Chris EgerU.S. District Judge Ortrie Smith this week raised questions with attorneys for Remington over the way the gun maker intends to correct alleged safety issues with its long-used Walker trigger.
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Ruger buys back stock, price per share increases
by Daniel TerrillBy the end of trading, Ruger's stock price closed at $38.31 per share, an increase of 7.2 percent--one of the biggest jumps on the New York Stock Exchange.
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Smith & Wesson pays $2 million to settle SEC corruption charges
by Daniel TerrillAccording to the SEC, Smith & Wesson violated the Foreign Corrupt Practices Act when its international sales staff bribed foreign and government officials between 2007 and 2010 and in return the Massachusetts company profited -- at least once -- by more than $100,000 before the unlawful practice was identified.
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Update: Remington settles lawsuit over trigger
by Daniel TerrillRemington Arms Company agreed to settle in a class action suit that claims the company has knowingly used a defective trigger design that allows a gun to fire unexpectedly in many of its popular lines of bolt-action rifles.
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Anschutz expands, opens North American branch
by Daniel TerrillThe German rifle maker Anschutz announced plans to expand operations in the United States by opening its own facility, Anschutz North America, ending relations with Steyr Arms.
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BREAKING: Elvis estate drops civil suit against Beretta
by Daniel TerrillThe Elvis estate voluntarily dismisses its civil suit against the Beretta gun company on May 29, stating that the civil action has been settled.
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Who will buy Freedom Group?
by David HigginbothamThe tragic events at Sandy Hook have forced some investment companies to consider the "ethical" nature of their holdings. Cerberus Capital is selling Freedom Group, maker of Bushmaster Rifles. Will the heated gun debate doom the diverse brands of Freedom Group, or will the companies be picked up at bargain basement prices and reinvigorated?
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