I remember once attending a board meeting of a company I worked at, and one of the agenda items was replacing a deceased board member. One of the nominations for the replacement was some woman I’d never heard of, but as the nominator stated, “It’s time we had a little diversity on this board.” And that’s all he said; no mention of her qualifications, experience, nothing.
As the most junior executive in the room, I wasn’t going to say anything, but I couldn’t help wondering why nobody else had either.
Anyway, a vote was held and the nomination passed unanimously, albeit with one abstention (guess who).
This was back in the mid-1990s.
Anyway, it appears that one company has recently followed the same route — one assumes for the same reasons, only it backfired horribly on them.
Here’s the story:
On December 5, 2023, Breitbart News noted that shareholders disgruntled over Smith & Wesson’s continued manufacture of AR-15 platform rifles had filed a lawsuit. The suit claims that the defendants, who are Smith & Wesson board members and the company’s senior management team, “knowingly allowed the Company to become exposed to significant liability for intentionally violating federal, state, and local laws through its manufacturing, marketing, and sales of AR-15 style rifles and similar semiautomatic firearms.” .
And who were these “disgruntled shareholders”?
Plaintiffs in the case included the Adrian Dominican Sisters, Sisters of Bon Secours USA, Sisters of St. Francis of Philadelphia, and Sisters of the Holy Names of Jesus & Mary.
…making me wonder: what the fuck were Our Ladies Of The Blessed Disarmament doing anywhere near S&W’s management?
Anyway, they failed, the rotten rosary-swingers, and a jolly good thing it was too.
On March 13, 2024, Breitbart News reported that Nevada’s Clark County District Court signaled no “substantial likelihood” Smith & Wesson would be found liable, saying the activist shareholders appear not to be aligned with the company’s best interest and requiring them to post a half-million-dollar bond to continue their suit.
The plaintiffs were instructed to post the bond by April 23, 2024, but they did not.
On May 6, 2024, Judge Joe Hardy pointed to their failure to post the bond as ordered and dismissed the lawsuit against Smith & Wesson.
Errrrr “the activist shareholders appear not to be aligned with the company’s best interest” — I’ll say they aren’t. They tried to get into the company to subvert its business — kinda like the Commies do in our school system — but it didn’t work.
If I were on the S&W board, I would file suit against these BoCs for compensatory damages for the legal fees, at least.
I know, I know: something about “Vengeance is mine,” saith the Lord.
Bollocks.
Re: your diversity hire in the 90s – I’m reminded of one of my last radio gigs in the early 2000s. We had a hispanic jock who got her knickers in a twist over my on-air mangling of an hispanic name. My reply that I don’t speak Spanish was not persuasive. She filed a complaint, and I received a verbal warning (!) from the GM for “cultural bias” and how I needed to be more aware of diversity in the workplace.
I filed a formal, written complaint against the entire staff for their mispronunciation of my surname. It’s spelled Kotowski, but is more authentically pronounced Kotofski. That no one does that across the fruited plain is irrelevant. How dare you disrespect my ancestry with your cultural bias.
There were no more complaints about my Spanglish after that.
Vengeance IS The Lord’s, but sometimes He subcontracts.
This diversity of demographics is utterly worthless. I think William F Buckley said something to the effect that “liberals love diversity of everything except thought.”
I used to work at a place that put a “diversity team” in place. They all had hte same demographics. I think it was one dude and two women. I still like the mantra or saying “celebrate my diversity, yours sucks.”
As far as these nuns go, why are they investing in a firearms manufacturer? Considering the rot at the top from pope Frank and his minions, the RC church has lots its way. Others will claim that it lost its way long before Martin Luther got uppity
They invested in a firearms manufacturer precisely so they could pull this nonsense.
Just saying:
I live in NV, and peruse the LV Review-Journal pretty frequently (on-line), and this is all news to me.
I can only assume that S&W must be incorporated here in NV since the suit was filed here, and that’s new also as an FFL.