Texas gun company that destroyed 73,000 bump stocks after ban sues U.S. government

[Elderberry]

Washington Times 4/9/2019

A Texas gun company that destroyed more than 73,000 bump stocks when a federal ban on the rapid-fire devices took effect has sued the U.S. government claiming millions of dollars in losses.

RW Arms of Fort Worth on Monday announced the lawsuit and said the government took its property “without just compensation.” Co-founder Mark Maxwell said Tuesday that RW Arms’ losses totaled more than $20 million. Last month’s lawsuit seeks fair market value compensation.

More: https://www.washingtontimes.com/news/2019/apr/9/rw-arms-fort-worth-texas-sues-us-government-after-/

[verga]

I think they had other options. Two come to mind 1) Fight this in court.
2) Sell them over seas.

[Elderberry]

I think they had other options. Two come to mind 1) Fight this in court.
2) Sell them over seas.

With both of those options, all the bump stocks had to be out of their possession by 3/26, or face a felony count for each item.

[Hoodat]

RW Arms of Fort Worth on Monday announced the lawsuit and said the government took its property “without just compensation.” Co-founder Mark Maxwell said Tuesday that RW Arms’ losses totaled more than $20 million. Last month’s lawsuit seeks fair market value compensation.

That's exactly what the Constitution says.

[SZonian]

I hope they win, even if it's taxpayer money that compensates them.

Wish all politicians who passed asinine laws like this were the ones held financially liable.

[Bigun]

Washington Times 4/9/2019

A Texas gun company that destroyed more than 73,000 bump stocks when a federal ban on the rapid-fire devices took effect has sued the U.S. government claiming millions of dollars in losses.

RW Arms of Fort Worth on Monday announced the lawsuit and said the government took its property “without just compensation.” Co-founder Mark Maxwell said Tuesday that RW Arms’ losses totaled more than $20 million. Last month’s lawsuit seeks fair market value compensation.

More: https://www.washingtontimes.com/news/2019/apr/9/rw-arms-fort-worth-texas-sues-us-government-after-/

I was questioning why they hadden't done this two weeks ago.  Glad to see it.

[Smokin Joe]

I hope they win, even if it's taxpayer money that compensates them.

Wish all politicians who passed asinine laws like this were the ones held financially liable.

If they got a swift kick in the hindparts for everything they did that was stupid, there wouldn't be much left on Capitol Hill besides expensive clothes and crap piles.