January 12, 2005 |
Taser International Inc., the stun-gun maker whose safety claims are being probed by the Securities and Exchange Commission, issued a letter Tuesday defending $105.8 million in stock sales last year by the family that has run the business. In a letter to shareholders Tuesday defending the Smiths' stock sales, Taser also said that it may see delays in orders as law enforcement agencies evaluate stun guns made by competitors. Taser's shares dropped $5.95 to close at $14.
CALIFORNIA | LOCAL
December 4, 2008 |
The wife of a man who died last year after being shocked with a stun gun during a confrontation with Los Angeles County sheriff's deputies is suing the county and the weapon's manufacturer. In the lawsuit, filed Tuesday in U.S. District Court, Carolina Silva accuses the county and Taser International Inc. of the wrongful death of her husband, Cesar.
November 26, 2005 |
Taser International Inc. said Friday that the Nasdaq Stock Market might stop trading its shares because the company had failed to file its third-quarter earnings report with the Securities and Exchange Commission. Its shares fell 12%. Taser, the world's largest maker of stun guns, plans to request a hearing before a Nasdaq panel to appeal the decision. Filing an appeal stops the delisting process until a ruling is made, Scottsdale, Ariz.-based Taser said.
January 8, 2005 |
Taser International Inc. said Friday that the Securities and Exchange Commission was investigating its claims about the safety of stun guns and a December order. Its shares fell 18%. Taser said it was cooperating with the informal SEC inquiry and was compiling information requested by the agency. The probe follows reports in states including California, Indiana and Texas of deaths that occurred after people were shocked with a Taser.
December 15, 2007 |
Canada's national police force, criticized for excessive use of Tasers, said that, from now on, officers would only fire the electric stun guns at suspects who are combative or resisting arrest. The Royal Canadian Mounted Police policy change was prompted by outrage over the death of a Polish immigrant who was Tasered and then restrained at the Vancouver airport in October. RCMP Commissioner William Elliott said he could not define combative behavior. Taser International Inc.
January 1, 2008 |
Taser International Inc., the largest stun-gun maker, defeated an appeal by a sheriff's officer who claimed the company was liable for injuries he suffered when he was shocked in a training exercise. Samuel Powers, then 44, was hurt in 2002 when he volunteered to be shot with the Taser, which delivers a temporarily disabling electric shock through a wire. A state appeals court in Phoenix denied a request for a new trial by Powers, who said he suffered a broken back because Taser didn't warn of the weapon's risk.