Item 1. Legal Proceedings
ITEM 1. LEGAL PROCEEDINGS
The nature of the legal
proceedings against the Company is discussed at Note 13 to the
financial statements, which are included in this Form 10-Q.
The
Company has reported all cases instituted against it through December 31, 2022 , and the results of
those cases, where terminated, to the SEC on its previous Form 10-Q and 10-K reports, to which reference is hereby made.
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Index
There were two lawsuits formally instituted against the Company during
the three months ending April 1, 2023, which are as follows (each of which is described above in Note 13 to the unaudited condensed consolidated
financial statements).
Estate of Suzanne Fountain v. Sturm, Ruger & Co., Inc., filed
in Connecticut Superior Court, Stamford, Connecticut on March 14, 2023.
Estate of Neven Stanisic et al. v. Sturm, Ruger & Co., Inc., filed
in Connecticut Superior Court, Stamford, Connecticut on April 5, 2023.
During the three months ending April 1, 2023, the previously reported
case of Pegg v. Sturm, Ruger & Co., Inc. et al. , was dismissed with prejudice.
ITEM 1A. RISK FACTORS
During the three months ended
April 1, 2023, there were no material changes in the Company’s risk factors from the information provided in Item 1A. Risk Factors
included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022.
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
Not applicable
ITEM 3. DEFAULTS UPON SENIOR SECURITIES
Not applicable
ITEM 4. MINE SAFETY DISCLOSURES
Not applicable
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