Gun Industry Disowns $73 Million Settlement Between Defunct Remington and Sandy Hook Families

Via The Reload

Insurers have agreed to pay a massive settlement to the victims of the 2012 Sandy Hook shooting to the dismay of the gun industry.

$73 million will be paid out by insurers of the now-defunct Remington Outdoor Company (ROC), according to a settlement announcement released on Tuesday. The settlement will also allow the release of internal Remington documents obtained during the suit.

The firearms industry disowned the settlement. The National Shooting Sports Foundation (NSSF), which represents gun makers and dealers, said insurers made the decision to settle. The group said the settlement is only between the parties involved, does not create a legal precedent, and does not implicate the larger industry at all.

Read the full story at The Reload.

Did you find this article useful?

Let the author know with a 5 star rating!

Average rating 5 / 5. Vote count: 2

No votes so far! Your rating will help us continue to provide valuable and interesting content.

Since you found this post useful...

Follow us on social for first dibs on brand new content!

We are sorry that this post was not useful for you!

Let us improve this post!

Tell us how we can improve this post?

Notify of

Inline Feedbacks
View all comments

If you want to be among the first to know when we release new content, your best bet is to sign up via email:

We’ll keep the emails to a minimum and we will never sell or give your information to a third party.

Would love your thoughts, please comment.x