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Remington Bankruptcy

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Gun Manufacturer Settles With Sandy Hook Families For $73M, Marking Historic First Gun Manufacturer Settles With Sandy Hook Families For $73M, Marking Historic First
Gun Manufacturer Settles With Sandy Hook Families For $73M, Marking Historic First Families of five children and four adults killed in the 2012 Sandy Hook Elementary School shooting reached a historic $73 million settlement with gun manufacturer Remington, officials announced. Attorneys for the families who filed the suit against the now-bankrupt Remington and its four insurers, announced on Tuesday, Feb. 15 that they had reached the settlement, representing the first time a gun manufacturer has been held liable for a mass shooting in the US. As part of the settlement, lawyers for the families said that Remington agreed to release thousands of pages of internal company do…

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by Zak Failla