Gun company sues US over
bump stock ban,
claiming $20M in losses…
Fort Worth based retailer, RW Arms, has filed suit in the Court of Federal Claims in Washington, D.C. seeking monetary damages for the fair market value of the 72,400 bump stocks they were forced to destroy in compliance with the Bump Stock Ban that went into effect on Tuesday, March 26th. The ban, which was enacted by the Trump Administration, reclassifies bump stock devices as machine guns, and therefore subject to regulation as part of the Gun Control Act of 1968. The rule requires that previously lawful owners destroy or surrender the device without compensation or be subject to a penalty of up to 10 years in federal prison and $250,000 in fines for each violation.
RW Arms joins retailer The Modern Sportsman in suing the government for this regulatory taking without just compensation, which is a violation of the 5th Amendment of the United States Constitution. Their case, The Modern Sportsman et al., v. United States, was filed Friday, March 29th, 2019, in Washington D.C.
RW Arms is a veteran-owned and operated wholesaler, distributor and retailer of firearms accessories and components, including high capacity magazines, performance triggers, scopes and parts for semi-automatic rifles.
Without legislation, the government was able to overturn the previous ruling on bump stocks effectively turning law abiding gun owners into felons overnight if they were not turned in or destroyed. This is an injustice, overreach, and infringement on our 2nd amendment and 5th Amendment rights. We appreciate the work of Gun Owners of America and Firearms Policy Coalition for continuing to fight for our rights. We at RW Arms have been working behind the scenes preparing our fight and have now filed lawsuit against the government to protect our customers and rights from being infringed any further.
We appreciate the support that we have received and thank you for your business. As a small 100% veteran owned and operated company, we value your loyalty and cherish the 2nd amendment. RW Arms will continue to bring leading and innovating products to the marketplace.
WEBSITE: www.rwarms.com
READ: thehill.com/regulation/court-battles/438066-gun-company-sues-us-over-bump-stock-ban-claiming-20-million-in
READ: amp.washingtontimes.com/news/2019/apr/9/rw-arms-fort-worth-texas-sues-us-government-after-/
ON FOX: www.youtube.com/watch?v=CmQUuGCHf-w
ABOUT: The President signed an executive order on Feb. 20, 2018, directing the Justice Department to ban “bump stocks” and other gun modifiers that make semi-automatic firearms fire faster that went into effect March 26, 2019. Mark Maxwell and Mike Stewart are the co-founders of RW Arms LTD, which was the largest seller of bump stocks in the nation up until the ban began. As per the terms of the ban, they were required to turn over the 72,400 remaining bump stocks they had in their inventory to the ATF. They then accompanied the ATF agents to witness the destruction of these bump stocks via shredder
The LOWE-Down!
Get Jiggy Jaguar's FREE email newsletter with his latest insights, top stories, show prep and more delivered to your inbox.