Remington offers $33 million settlement with Sandy Hook school shooting victims’ families

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By Kristina Sgueglia and Sarah Jorgensen, CNN

Gun shaper Remington has offered astir $33 cardinal to 9 families of victims killed successful the 2012 Sandy Hook Elementary School massacre successful a projected suit settlement, according to tribunal documents filed Tuesday.

Remington Arms Co. LLC and Remington Outdoors Co. Inc. — collectively “Remington” — offered $3.66 cardinal each to 9 plaintiffs representing the property of victims killed successful the shooting that killed 20 children and six adults, according to abstracted offers of compromise.

In a statement, the lawyers for the victims’ families accidental successful portion they volition “consider their adjacent steps.”

CNN has reached retired to Remington for comment.

Families of victims sued successful 2014, claiming successful portion that Remington, the shaper of the Bushmaster semiautomatic firearm utilized during shooting, knowingly marketed the weapon for usage by radical to “carry retired offensive, subject benignant combat missions against their perceived enemies.”

In 2012, six adults and 20 children astatine Sandy Hook simple schoolhouse were killed by Adam Lanza, who had earlier killed his mother, Nancy Lanza, successful their home. The US Supreme Court successful 2019 decided not to instrumentality up an appeal by Remington, efficaciously allowing the suit to determination forward.

In 2020 Remington filed for Chapter 11 bankruptcy extortion for the 2nd clip successful conscionable implicit 2 years.

An “important goal” of the suit “has been showing banks and insurers that companies that merchantability battle weapons to civilians are fraught with fiscal risk,” families’ lawyer Josh Koskoff said Wednesday, adding successful portion that fiscal institutions learned this erstwhile Remington filed for bankruptcy.

Koskoff credited 2 security companies that erstwhile did concern with Remington for realizing that promoting the usage of AR-15-style rifles “as weapons of warfare to civilians is indefensible.”

This is simply a processing communicative and volition beryllium updated.

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