Remington Under Fire
Why some say a landmark legal settlement could still leave millions of defective rifles in the public's hands.
Why some say a landmark legal settlement could still leave millions of defective rifles in the public's hands.
A landmark class action settlement involving some of Remington's most popular firearms has officially gone into effect.
A three-judge panel of the 8th U.S. Circuit Court of Appeals has approved a class action settlement in which Remington Arms Company has agreed to replace the trigger mechanisms in millions of guns.
Plaintiffs claim Remington covered up a deadly design defect that allowed some of its rifles to fire without the trigger being pulled.
Two owners of allegedly defective Remington rifles say they'll seek to block a landmark class action settlement approved by a federal judge.
The landmark class action settlement involves some 7.5 million allegedly defective Remington guns.
The federal judge considering the settlement is raising concerns over the number of gun owners who have filed claims to get their guns fixed.
A proposed class action settlement aimed at fixing millions of allegedly defective Remington rifles is “fatally flawed” and “a dysfunctional sham,” critics say.
Owners of Remington's popular Model 700 rifle can now examine for themselves literally millions of pages of internal company documents.
A proposed plan to replace the triggers in allegedly defective Remington rifles is "designed to fail," an expert on class action settlements said.
Remington plans to use social media and talk-radio to help publicize its offer to replace the triggers in allegedly defective rifles.
A landmark legal settlement to replace the triggers in millions of allegedly defective Remington rifles is on increasingly shaky ground, CNBC has learned.
A judge has given Remington a 60-day extension to come up with a plan to notify gun owners about a program to fix allegedly defective firearms.
Some say gun maker Remington's landmark legal settlement could still leave millions of defective rifles in the public’s hands.
A federal judge has agreed to further delay a class-action settlement involving Remington rifles to allow more time to develop a better plan to alert the public.
Mike Walker died a few years ago, but a deposition — never seen before — sheds fresh light on problems with the trigger he invented.
“Protective orders” are a perfectly legal maneuver, but critics say companies are misusing secrecy to hide vital information from the public..
Guns are among the only consumer products for which the government cannot order a recall, leaving it up to manufacturers to police themselves.
A settlement covering 7.5 million Remington guns and 13 different models produced since 1948 is bound to be complex. Here's what you need to know.
CNBC's Scott Cohn examines allegations the Remington Model 700 series hunting rifle is prone to firing without pulling the trigger, and that its manufacturer, Remington, has been aware of this concern for almost 60 years. Dozens of deaths, scores of injuries, and more than a thousand customer complaints have been linked to the alleged problem. This original documentary aired on Wednesday, October 20th, 2010.
Remington has consistently stated the deaths and injuries involving its bolt-action 700 series rifles were the result of poor maintenance or unsafe handling ... except it's not just inexperienced users who say it's happened.
We found Gus Barber laying right here, wadded up in a little ball. Gus was only this thick. It went in through his left hand, entered here, and the bullet exited four inches higher on the opposite side.
In 1948, before the gun went on sale, Mike Walker proposed a design alternative, laid out in this memo, a safety that would lock the trigger in place, preventing it from falling out of alignment and allowing the gun to go off.
Mike Walker knew about complaints surrounding the 700. In fact, his own memos obtained by CNBC show he repeatedly raised concerns about the gun he designed.
Those documents clearly speak for themselves, says Rich Barber. And they speak volumes about what the company knew, when they knew it, what they did and what they did not do ... and what they continue to do today.
The manufacturer of the most popular hunting rifle in the world has been aware of potential safety problems with the gun since before it went on the market—60 years ago. Newly uncovered documents, including memos and drawings by the gun’s inventor, show company officials discussing the potential problem, as well as whether a design change is worth “the high expenditure required to make the conversion.”
At the heart of the decades-long controversy over the Remington 700 series is a piece of metal that is roughly the length of a paper clip.
The manufacturer of the world’s most popular hunting rifle has been wrestling for decades with questions about whether the gun is safe, and at least twice considered a nationwide recall of the gun, according corporate insiders and internal documents revealed in a ten-month CNBC investigation.