An old rumor has once again resurfaced alleging that Cerberus--the private equity firm that owns Freedom group, a holding company that in turn owns a number of firearms manufacturers, including Remington, Marlin, Bushmaster, and DPMS--is in some way tied to George Soros.
This rumor is completely false and baseless.
Following is a statement from Freedom Group, Inc., addressing the rumor:
Despite rumors to the contrary, Cerberus Capital Management, L.P., the firm which owns Freedom Group. Inc. (FGI), the holding company for such firearms manufacturers as Remington, Marlin, Bushmaster and DPMS, is in NO WAY affiliated with anti-gun activist George Soros.
George Soros has never been a part of Freedom Group or Cerberus. Further, as Cerberus is a privately owned corporation, run by sportsmen, shooters and firearms enthusiasts, we can say with great sincerity and certainty that George Soros will never be a part of the Freedom Group family of companies.
"If anyone should know whether George Soros is affiliated with either Freedom Group or Cerberus, it's me," said George Kollitides, Executive Chairman and Chief Executive Officer of FGI. "I spent the last eleven years of my career at Cerberus and just recently stepped down to become executive chairman and chief executive officer of FGI. I did this in order to devote 100 percent of my time, effort and passion to a company I spent years building. I can emphatically proclaim, without the slightest of doubt, that George Soros has never, does not and never will own or be affiliated with Cerberus or Freedom Group.”
To learn more about FGI, our officers, directors and owners, we encourage you to visit our website www.freedom-group.com.
For third-party, independent confirmation of our statement, we encourage you to visit any of the following unaffiliated web sites:
Snopes.com
http://www.snopes.com/politics/guns/freedom.asp
Factcheck.org
http://www.factcheck.org/2011/10/george-soros-gun-grab/
Field and Stream
http://www.fieldandstream.com/blogs/gun-nuts/2011/10/how-not-write-rot-and-evil
Ammoland (National Rifle Association)
http://www.ammoland.com/2011/10/17/internet-rumors-about-cerberus-freedom-group-are-patently-false/#axzz1r6XlXa7T
Rumor Control: The Truth About Cerberus/Freedom Group
Friday, July 20, 2012
Thursday, April 23, 2026
Today, April 23rd, Governor Spanberger Signed HB1525 and SB727/HB1524 into law.
Thursday, April 30, 2026
April 29 was a big day for Second Amendment supporters in Washington, D.C., as ATF announced the confirmation of a new director, Robert Cekada, and rolled out perhaps the biggest one-day regulatory overhaul in the agency’s ...
Monday, May 4, 2026
Many years ago, Otis McDonald, a 76-year old retiree living in a high-crime area of Chicago testified that he had “been robbed numerous times in his Morgan Park home; [he’d] witnessed too many crimes to count and ...
Monday, May 4, 2026
Homicide rates in the United States, including those where firearms are used, have been declining over the last few years. According to multiple reports on early projections, 2025 is expected to see the largest decline in ...
Monday, May 4, 2026
The National Rifle Association joined the Second Amendment Foundation, California Rifle & Pistol Association, Second Amendment Law Center, Minnesota Gun Owners Caucus, and the Citizens Committee for the Right to Keep and Bear Arms in ...
More Like This From Around The NRA
