Kendall Law Group Announces Securities Class Action Against Sturm, Ruger & Company, Inc.

DALLAS, TX--(Marketwire - August 14, 2009) - Kendall Law Group, led by a former federal judge
and former US Attorney, today announced that a lawsuit has been filed
against Sturm, Ruger & Company, Inc. (NYSE: RGR) for securities violations
related to public statements made by the company between April 23, 2007 and
October 29, 2007.

Any shareholder, who purchased Sturm Ruger during the above time period,
may move the Court to serve as a plaintiff in this class action. If you
wish to serve as lead plaintiff, you must move the Court for appointment by
October 13, 2009. A lead plaintiff is a class member who acts on behalf of
other class members in directing the litigation. Although your ability to
share in any recovery is not affected by the decision whether or not to
seek appointment as a lead plaintiff, lead plaintiffs make important
decisions which could affect the overall recovery for class members. If you
wish to learn more about your rights as a shareholder or serving as a lead
plaintiff, contact attorney Hamilton Lindley at 877-744-3728 or
hlindley@kendalllawgroup.com.

According to the complaint, filed in the District of Connecticut, Sturm
Ruger and certain officers and directors made positive statements about the
Company's revenues and earnings that were false and misleading, failing to
disclose that reductions in inventory balances by Sturm Ruger in the two
quarters of 2007 had reduced the Company's parts and components inventories
below efficient levels, preventing their manufacturing units from meeting
production and shipment schedules. This resulted in the Company's
inability to sustain current or history sales levels. Due to inventory
shortages caused the failure to meet production and shipping schedules,
Sturm Ruger's "backlog" of unfilled purchase orders was materially
inflated. Orders received by the Company's independent distributers were
artificially boosted by the mandated change to firm and noncancellable
purchase order submissions and did not relict the actual demand for
products. Independent distributors were carrying large quantities of
unsold products, increasing the risk that these distributors would reduce
their future purchases. Based on these facts, Sturm Ruger had no
reasonable basis for their positive statements and opinions concerning
their current financial performance and condition.

On October 24, 2007, the Company announced that its firearm sales for the
third quarter of 2007 fell by 25%, resulting in a loss of $0.03 per share.
They also indicated that sales had declined due to inventory issues at its
distributors. Following this news, the price of Sturm Ruger's common stock
fell by 37%, dropping $6.45 per share and closing at $10.65 per share on
volume of 4.1 million shares.

Although every case is different, Kendall Law Group has participated in the
recovery of over $800 million for defrauded shareholders. Led by a former
federal judge and former U.S. Attorney, the firm has the credentials to
pursue any type of complex securities litigation in the nation. If you
wish to learn more about your rights as a shareholder or serving as a lead
plaintiff, contact attorney Hamilton Lindley at 877-744-3728 or
hlindley@kendalllawgroup.com.