Thursday, September 19, 2024

Taser Safety Boosts Shares

Taser shares went up for the second day in a row thanks to support from the Defense Department.

The company is under investigation from the SEC to determine the safety of Taser’s stun guns.

After a study on health effects from Taser’s products performed by the Air Force Research Laboratory, and commissioned by the Pentagon’s Joint Non-Lethal Weapons Directorate, Capt. Dan McSweeney, spokesman for the directorate, maintained Taser’s safety assurance.

“We have stated that Tasers are generally safe and effective,” McSweeney said. “If we didn’t that think that was the case, we wouldn’t have recommended that the services purchase and field Tasers.”

The defense department supported these conclusions.

According to a Fool.com article,

“The company has said that no autopsy report has ever cited Taser as the cause of death and that no one has been seriously injured by its product. But apparently two newspapers have found 11 medical examiner reports that say the stun gun was the cause of, or at least a contributor in, those deaths.

Taser’s problem is that it didn’t start collecting such reports until April of last year, though it has been making the claim for much longer. And while Taser points out that more than 100,000 police officers have been shocked during training with the less-than-lethal weapon, one newspaper apparently found several officers who suffered career-ending injuries. Amnesty International has called for a moratorium on the use of stun guns until their safety can be verified.”

Murdok | Breaking eBusiness News
Your source for investigative ebusiness reporting and breaking news.

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