Remington Arms Co. had a most popular rifle – the model 700 – but it also had a most serious problem with the rifle. It appears that the rifle would fire without the trigger being pulled. From 1989, when Remington’s engineers first realized they had a serious problem, thousands of complaints and about 100 lawsuits were filed before the company could finally put a new fire control for the model 700 on the market. There were serious injuries as well as multiple deaths already. I would recommend that any person interested in learning more about Remington’s problems to get a copy of the CNBC.com article that appeared on Dec. 8, 2015. CNBC did a very good investigation of Remington’s problems. The class action settlement was reached in which Remington agreed to replace the triggers in as many as 7.5 million rifles. A hearing to approve the settlement was scheduled but canceled after CNBC’s report was first published.
The 2010 documentary “Remington Under Fire: A CNBC Investigation” examined allegations that for decades Remington had covered up a deadly design defect in its signature product. Interestingly, even though the settlement is still pending approval, Remington is claiming that its rifles are still safe. Remington is currently owned by a unit of Cerberus Capital Management, which is not a Defendant in the pending lawsuit.
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