A federal judge in Kansas City, Missouri, has given preliminary approval to a massive class-action settlement involving millions of allegedly defective Remington rifles that were the subject of a CNBC documentary.
The 2010 program "Remington Under Fire: A CNBC Investigation" explored allegations that for decades the company covered up a design defect that allowed the guns to fire without the trigger being pulled, resulting in dozens of deaths and hundreds of injuries.
Under the settlement, which is still subject to final approval later this year, Remington will offer to replace the trigger systems, free of charge, on more than 7 million of its bolt-action rifles.
An attorney for the plaintiffs, Mark Lanier, called the settlement "a tremendous accomplishment" and "a great use of the legal system."
"It fixes what the plaintiffs are concerned is a misfire danger in the rifles, thus enhancing the safety of users and nearby third parties," Lanier said in an e-mail.
An attorney for Remington and DuPont, which owned Remington until 1993 and is also a defendant in the case, did not respond to an email seeking a comment.
Remington continues to insist the guns are safe, and claims all the incidents were the result of user error or improper maintenance. The company said it's agreeing to the settlement now in order to put the issue behind it once and for all. Remington's owner, Cerberus Capital Management, has been trying to exit the gun business since 2012.