Trinity Wall Street v. Wal-Mart Stores Inc.

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Case Number:

1:14-cv-00405

Court:

Delaware

Nature of Suit:

Securities/Commodities

Judge:

Leonard P. Stark

Firms

Sectors & Industries:

  1. January 16, 2015

    Wal-Mart Takes Aim At Shareholder Bid To Limit Gun Sales

    Wal-Mart Stores Inc. is on the warpath over a federal court decision forcing the retail giant to include in its proxy materials a Wall Street church's proposal to tighten board oversight of certain gun sales, saying the decision could have a ripple effect across the entire retail industry.

  2. November 26, 2014

    Wal-Mart Shareholder Wins Bid For Vote On Gun Sales

    A Delaware federal judge ruled Wednesday that Wal-Mart Stores Inc. violated securities law when it refused to include in its proxy materials a Wall Street church's proposal to tighten board oversight of the retailer's sale of guns with high-capacity magazines, sexually explicit music and other "offensive" products.