Glock Defeats Ex-Wife’s $500 Million ‘Shotgun’ Racketeering Suit
A six-year battle over the famous gun company comes to an end. For now.
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A legal feud between pistol tycoon Gaston Glock and his ex-wife, Helga, has ended with a resounding victory for the legendary gunmaker. A federal judge in Atlanta dismissed a racketeering lawsuit filed by Helga Glock in which she accused her former husband of siphoning off millions of dollars from the family firearm empire.
Before getting into the details of the ruling, here’s some background. The Austrian company Glock GmbH, operating through its U.S. subsidiary, Glock Inc., supplies two-thirds of American law enforcement agencies with durable, large-capacity semiautomatic pistols. Glocks are also popular in the lucrative U.S. civilian gun market.