Fox Business Network reporter Adam Shapiro reported on "Fox and Friends First" this morning that a court decision could stop the retail giant from selling guns, which could change the way publicly traded companies do business in the United States.
>>VIDEO: Walmart's right to sell guns in jeopardy
Shapiro said that Trinity Wall Street Church in New York City owns stock in Walmart.
"The church sued the Walmart when they refused to place a proposal on the shareholder ballot at the annual company meeting," he explained. "That proposal could be interpreted to force Walmart's board of directors to suspend the sale of guns and ammunition."
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