NRA Explore
APPEARS IN Legal & Legislation

Internet Rumors About Cerberus, Freedom Group Are Patently False

Friday, October 14, 2011

Recently, an old rumor regarding 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--was in some way tied to George Soros.

This rumor is completely false and baseless.

NRA has had contact with officials from Cerberus and Freedom Group for some time.  The owners and investors involved are strong supporters of the Second Amendment and are avid hunters and shooters.

In reality, at no time has George Soros ever been a part of the ownership group of Freedom Group or Cerberus, and as a privately traded corporation, there is no possibility that he will be in the future.

This unsubstantiated rumor has caused a great deal of unnecessary concern for gun owners. NRA-ILA urges our members to take great care before repeating baseless rumors found on the Internet.

TRENDING NOW

News  

Friday, February 5, 2016

“F” Stands for Fail: Georgia College Instructor Boots Uniformed Cop, Gets Lectured in Return

Colleges usually take great pride in proclaiming their “diversity” and “inclusiveness,” but simply wearing a tool of his ...

News  

Friday, February 5, 2016

Bill Aimed at Ending Operation Choke Point Passes House

On Thursday, a bi-partisan majority of the U.S. House of Representatives passed H.R. 766, the ‘‘Financial Institution Customer ...

Tuesday, February 9, 2016

Michigan: Pro-Gun Bill Scheduled for Hearing Tomorrow

Tomorrow, February 10, House Bill 4795 is scheduled for a hearing in the House Local Government Committee at ...

News  

Friday, February 5, 2016

Fourth Circuit Requires “Strict Scrutiny” for Maryland Gun and Magazine Ban

It hasn’t been a good week for Martin O’Malley, former governor of Maryland, would-be contender for President of ...

Tuesday, February 9, 2016

Connecticut: Deeply Flawed Bill that Violates Due Process Filed in Hartford

In a move that threatens not only your Right to Keep and Bear Arms, but also your Fifth ...

News  

Friday, February 5, 2016

Europeans Discover Virtues of Armed Self-defense as EU Bureaucrats Seek New Gun Controls

At the same time the European Union bureaucrats in Brussels are trying to foist further gun controls on ...

Monday, February 8, 2016

West Virginia: Permitless Carry Passes House of Delegates

Today, House Bill 4145, NRA-endorsed legislation that would allow an individual to lawfully carry a concealed handgun without ...

News  

Friday, February 5, 2016

2016 Begins

The 2016 presidential campaign is now officially underway, with the completion of the Iowa caucuses last Monday evening. ...

Monday, February 8, 2016

Tennessee: Pro-Gun Legislation to Be Heard in the General Assembly

This week, several pro-gun bills are scheduled for hearings in the Tennessee General Assembly.

Tuesday, February 9, 2016

Oregon: Anti-Gun Bill Scheduled for Work Session Tomorrow

Tomorrow, February 10, House Bill 4147 has been scheduled for a work session at 3:00pm in HR 343 of ...

MORE TRENDING +
LESS TRENDING -
NRA ILA

Established in 1975, the Institute for Legislative Action (ILA) is the "lobbying" arm of the National Rifle Association of America. ILA is responsible for preserving the right of all law-abiding individuals in the legislative, political, and legal arenas, to purchase, possess and use firearms for legitimate purposes as guaranteed by the Second Amendment to the U.S. Constitution.