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
Monday, September 28, 2026
On Saturday, Governor Gavin Newsom inked his signature to six anti-gun bills, continuing his attack on law-abiding gun owners as he closes his final months as the Governor of California. Since taking office in 2019, ...
Thursday, October 1, 2026
Today, the National Rifle Association, joined by the Firearms Policy Coalition and Second Amendment Foundation, filed an amicus brief urging the U.S. Supreme Court to hear a challenge to the federal lifetime prohibition on firearms ...
Monday, September 28, 2026
Jay Jones, the anti-gun but pro-bullets to the head Virginia attorney general, announced on September 15 the creation of the Firearms Accountability & Industry Responsibility (FAIR) Unit within the Civil and Criminal Justice & Public ...
Monday, September 28, 2026
For too long, Minnesota Governor Tim Waltz and his anti-gun allies in the state have treated the exercise of a constitutional right as something subject to government permission and whatever wait is required for the ...
Wednesday, September 23, 2026
On September 17, the Department of Justice’s Office of Legal Counsel (OLC) issued a memorandum opinion to answer the question “whether restricting young adults from buying firearms comports with the Second Amendment as the Supreme ...
More Like This From Around The NRA
