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Trinity Wall Street v. WalMart Stores Inc

  1. July 06, 2015

    SEC Proxy Rules Outdated, 3rd Circ. Says In Wal-Mart Opinion

    The Third Circuit said outdated U.S. Securities and Exchange Commission rules lit its path in deciding that Wal-Mart Stores Inc. could chuck a shareholder's proposal that the retailer's board tighten oversight of firearm sales, in a long-awaited opinion Monday backing the court's April ruling on the case.

  2. April 14, 2015

    3rd Circ. Ends Wal-Mart Investor's Gun Sale Proposal

    The Third Circuit on Tuesday overturned a Delaware federal judge's decision greenlighting a Wal-Mart Stores Inc. shareholder's proposal aimed at forcing the retail giant's board to tighten oversight of firearm sales.

  3. April 08, 2015

    3rd Circ. Urged To Nix Wal-Mart Investor's Gun Sale Proposal

    A Delaware federal judge's decision greenlighting a Wal-Mart Stores Inc. shareholder's proposal aimed at forcing the retail giant's board to tighten oversight of firearm sales threatened a rule limiting the ability of investors to impact a company's ordinary business activity, the Third Circuit heard during oral arguments on Wednesday.

  4. April 07, 2015

    3 Key Questions In Wal-Mart's Shareholder Gun Sales Appeal

    The Third Circuit on Wednesday hears arguments on a shareholder's proposal to tighten Wal-Mart's oversight of guns with high-capacity magazines and other potentially offensive products, and experts say the appeal could come down to how intrusive judges believe the proposal is to the retailer's daily operations and how much deference the court gives to the U.S. Securities and Exchange Commission. Here are three things to watch in Trinity Wall Street v. Wal-Mart Stores Inc.

  5. February 24, 2015

    Wal-Mart Uses SEC Criticism In 3rd Circ. Gun Sales Appeal

    Wal-Mart Stores Inc. has turned to U.S. Securities and Exchange Commissioner Daniel Gallagher in its fight with a church and shareholder that wants the retailer to tighten oversight of its gun sales, telling the Third Circuit on Monday that the commissioner's recent criticism of a lower court's decision in the case supports the company's appeal.

  6. February 13, 2015

    Law Profs, Others Back Wal-Mart Investor In Gun Sale Fight

    Two legal advocacy groups and a coalition of law professors urged the Third Circuit on Wednesday to uphold a ruling requiring Wal-Mart to include in its proxy materials a proposal to tighten board oversight of its sale of certain guns and other "offensive" products, saying it is consistent with current law and general ethical principles.

  7. February 06, 2015

    Wal-Mart Investor Pushes For Oversight Of Gun Sales

    A Wal-Mart shareholder has urged the Third Circuit to uphold a decision that the retail giant must include in its proxy materials a proposal to tighten board oversight of its sale of certain guns and other "offensive" products, saying predictions of a "proxy apocalypse" don't hold water.

  8. January 26, 2015

    Wal-Mart Gun Appeal Could Unleash Shareholder Fights

    The Third Circuit could open companies up to a flood of shareholder proposals impacting routine business decisions if it rules against Wal-Mart Stores Inc. in a dispute over its sale of guns, an outcome attorneys say would disrupt three decades of U.S. Securities and Exchange Commission guidance.

  9. January 22, 2015

    Trade Groups Attack Wal-Mart Shareholder's Gun Sales Vote

    Retail and manufacturing trade groups are urging the Third Circuit to block a Wal-Mart Stores Inc. shareholder's bid to tighten oversight on sales of guns and sexually charged music, saying the case threatens to dissolve a rule limiting shareholders' power to impact ordinary business decisions.

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