A federal judge ordered Wal-Mart Stores Inc to let shareholders vote on a proposal to force tighter oversight of its sale of high-capacity guns and other potentially offensive products. U.S. District Judge Leonard Stark in Wilmington, Delaware on Wednesday said the worlds largest retailer wrongly excluded such a proposal from Trinity Church, a historic Wall Street church, from its June 6 annual meeting. A spokesman for Walmart told Reuters that the Arkansas-based company might appeal the judge’s ruling on the basis that the proposal is overly broad and would impact the way in which the retail giant does business. “Trinity’s proposal would interfere with Walmart’s ordinary business operations by seeking to regulate Walmart’s daily decisions on the hundreds of thousands of products sold,” said Randy Hargrove, a Walmart spokesperson reuters/article/2014/11/28/us-walmart-trinitychurch-lawsuit-guns-idUSKCN0JC1W220141128
Posted on: Tue, 09 Dec 2014 03:42:54 +0000
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