Sturm Ruger has accused Beretta of attempting to gain control of the company after the Italian gun maker acquired a nearly 10% stake and nominated four directors to Ruger's board. The move sets the stage for a potential proxy fight between the rival gun manufacturers, escalating tensions in the firearms industry.

Beretta's aggressive move comes as the company seeks to expand its influence in the U.S. market, where Sturm Ruger is one of the largest firearms manufacturers. By nominating its own slate of directors, Beretta is challenging Ruger's current leadership and potentially positioning itself for a takeover or significant influence over the company's strategic direction.

The nomination of four directors represents a substantial push by Beretta to reshape Ruger's board composition. This action follows Beretta's recent acquisition of a nearly 10% stake in Ruger, indicating a strategic investment that goes beyond passive ownership. The move suggests Beretta sees value in Ruger's operations and market position, but Ruger views it as an unwelcome intrusion.