Remington offers $33 million to Sandy Hook Elementary School families

[AndyS]

Last edited Wed Jul 28, 2021, 03:48 PM - Edit history (1)

Remington Arms Co. has offered to pay nine Sandy Hook Elementary School families $3.66 million each to settle lawsuits that claimed the gunmaker’s marketing contributed to the 2012 massacre in Newtown that killed 26 people.

Documents filed in Superior Court in Waterbury state that Remington is offering to “to settle all claims inclusive of any fees and costs on behalf of all Defendants.” The offer, which totals nearly $33 million, is the first settlement offer from the manufacturer of the gun used to kill 20 school children.

Josh Koskoff, a lawyer for the families, said the offer was from two of the four insurance companies that did business with Remington, which is bankrupt. He praised two of the insurers, Ironshore and James River, “for now realizing that promoting the use of AR-15s as weapons of war to civilians is indefensible”

“Since this case was filed in 2014, the families’ focus has been on preventing the next Sandy Hook. An important part of that goal has been showing banks and insurers that companies that sell assault weapons to civilians are fraught with financial risk,’' Koskoff said in a statement.
https://www.courant.com/news/connecticut/hc-news-remington-sandy-hook-families-settlement-offer-20210727-4rgroxc7yjbs7phj7ibgwbsq6q-story.html

Short article, no more at link.

I do not speak for the families and have no 'inside information' but I will be surprised if the families accept the offer.

This isn't about damages. It isn't about punishing only Remington. It's about losing a child and the hole in the heart that leaves.

The purpose is to expose the marketing of guns to vulnerable people by making them essential to masculinity and creating fear. The purpose is to have the CEOs of every gun manufacturer before Congress giving testimony just like the Tabaco industry. The purpose is to lay bare the callous nature of an industry that spreads death and anguish for the sake of sales and profit.

I wish them well and God speed.

[Hassin Bin Sober]

1. The internal marketing information they wish to hide must be awful.

[modrepub]

2. Here We Are Almost 10 Years On

And the court's are moving at glacial (east Antarctica) speed. I feel sorry for these folks because the justice system seems highly dysfunctional in terms of resolving this. How does this case spend years fettering out how a trial would go while politically connected cases can go almost immediately to the SC for a decision?

If the choice is take some money now or wait another couple of decades before this gets settled first as a case and next on infinite appeals any of which could switch on a dimes notice I wouldn't blame anyone who just wants this over.

[CaliforniaPeggy]

3. Your comments are right on point.

And I agree with your statements about the purpose of the lawsuit.

I wish the families justice and quickly at that.