NYAGV joined the Newtown families and other gun safety advocates yesterday to demand that the hedge fund Cerberus Capital Management sell its investment in the manufacturer of assault rifles used in the Newtown and other mass shootings.
After the Newtown shootings, Cerberus had promised to sell its ownership in the Freedom Group (now called Remington Outdoor Company Inc.) but has failed to do so.
Leah Gunn Barrett, NYAGV Executive Director, who spoke at the rally, commented, “The gun industry epitomizes corporate irresponsibility by failing to exercise a duty of care for its deadly products, by refusing to modify its products to protect consumer health and safety, and by lavishly funding the NRA to obstruct federal gun safety legislation.”
Other speakers at the rally included Neil Heslin, whose son Jesse was murdered in the Newtown massacre; Hazel Dukes of the NAACP; Representative Charles Rangel; Jackie Rose-Adams of Harlem Mothers Save; Jumaane Williams, NYC council member and founder of the council’s Gun Violence Taskforce; and other gun safety advocates. The event, held at outside of Cerberus’s offices in New York City, was also supported by the New York City Public Advocate.
Freedom Group is the leader in marketing high-capacity, military style assault weapons such as the Bushmaster XM-15, the assault rifle with a 30-round magazine used by Adam Lanza to murder 20 elementary school children and six educators at Sandy Hook Elementary School. Freedom Group is also one of the largest donors to the National Rifle Association.