BlkSabbath74
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Sandy Hook families settle for $73M with gun maker Remington
The families of nine victims of the Sandy Hook Elementary School shooting have agreed to a $73 million settlement of a lawsuit against the maker of the rifle used to kill 20 first graders and six educators in 2012.
apnews.com
Remington had argued there was no evidence to establish that its marketing had anything to do with the shooting.
The company also had said the lawsuit should have been dismissed because of a federal law that gives broad immunity to the gun industry. But the Connecticut Supreme Court ruled Remington could be sued under state law over how it marketed the rifle. The gun maker appealed to the U.S. Supreme Court, which declined to hear the case.
The case was watched by gun control advocates, gun rights supporters and gun manufacturers across the country because it had the potential to provide a roadmap for victims of other mass shootings to circumvent the federal law and sue the makers of firearms.
Remington, one of the nation’s oldest gun makers founded in 1816, filed for bankruptcy for a second time in 2020 and its assets were later sold off to several companies. The manufacturer was weighed down by lawsuits and retail sales restrictions following the school shooting.
Four insurers for the now-bankrupt company agreed to pay the full amount of coverage available, totaling $73 million, the plaintiffs said.
