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NYC – Industry Insider – Amalgamated Bank pressures Sturm, Ruger to take steps to reduce gun violence

USA TODAY April 19, 2018 – Another U.S. bank is using its financial clout to pressure one of the nation’s firearms makers to take steps to reduce gun violence, be more socially responsible and distance itself from the National Rifle Association. Amalgamated Bank, a New York-bank with $48 billion in assets that emphasizes socially responsible practices, sent a letter Thursday to Sturm, Ruger & Company’s board, demanding that it adopt six reforms or it would not support the re-election of one of the gun maker’s board members, Sandra Froman, who is also an NRA board member.  [full article]

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