Samuel Alito Dumped Bud Light Stock at Quite a Suspicious Time
The Supreme Court justice sold his stock in Anheuser-Busch—and the timing raises serious ethical questions.
Newly published financial disclosure reports revealed that Supreme Court Justice Samuel Alito dumped stock in Anheuser-Busch last summer during the height of a manufactured anti-trans hate campaign targeting the brewer.
The disclosure reports, as first reported by Chris Geidner at Law Dork, reveal Samuel Alito sold between $1,000 and $15,000 worth of stock in Anheuser-Busch in mid-August 2023. Per Geidner, this stock dump in the midst of the right-wing boycott against Bud Light suggests Alito may have sold his stock as a form of participation in the boycott. This reveal comes on the heels of reporting by The New York Times that Alito flew an inverted flag associated with anti-government extremism outside his home in January 2021, an exposé that Alito poorly handled by blaming his wife.
In April 2023, anti-trans and far-right influencers targeted Bud Light for its use of influencer Dylan Mulvaney for a sponsored Instagram post. Mulvaney is a trans woman who gained prominence documenting her transition journey in bubbly, joyful fashion. Bud Light has long partnered with influencers, including comedians Seth Rogan and Amy Schumer and musician Post Malone. The brand has historically crafted ads specifically geared toward the LGBTQ+ community. The hate campaign called for people to boycott Bud Light, resulting in the brewer’s stock plummeting.
At the same time Alito sold stock in Anheuser-Busch, he purchased stock in Coors, a rival brewer led by an ultraconservative family known to shower money on conservative politicians. It was recently revealed that the charity for the Coors brewing family reportedly donated $15,000 to Accuracy in Media, a right-wing group best known for sending doxxing trucks to harass students at college campuses across the country.