CNBC Has Obtained New Evidence as the Court Prepares to Rule on a Landmark Legal Settlement
WHEN: Today, Tuesday December 8th
WHERE: CNBC.com & CNBC's Business Day Programming
Five years after CNBC's documentary "Remington Under Fire" and five years after Remington spent more than two million dollars to counter allegations CNBC exposed about a deadly defect in its most popular product—the model 700 series rifle—the company is offering to replace the triggers on every one, as many as 7.5 million guns, in a landmark legal settlement. But now, as the court prepares to rule, CNBC has obtained a huge trove of new evidence.
The evidence, uncovered through the efforts of the watchdog group Public Justice, shows what the company knew about the issue, which has been linked in lawsuits to at least 24 deaths from inadvertent firings of the gun. The new CNBC investigation also reveals how Remington is hardly alone in using perfectly legal court maneuvers to keep information about their products from the public.
Remington declined to comment for this story. It continues to deny there is any defect in the guns, which it argues are safe, and has blamed every incident on user modifications or errors.
Following are the video and online stories available at cnbc.com/remington.
Remington Under Fire: The Reckoning: http://www.cnbc.com/2015/12/08/remington-under-fire-the-reckoning.html
Defective or Not, the Government Can't Recall Your Gun: http://www.cnbc.com/2015/12/08/defective-or-not-the-government-cant-recall-your-gun.html
Deadly Secrets: Companies Using Courts at Your Peril: http://www.cnbc.com/2015/12/08/deadly-secrets-companies-using-courts-at-your-peril.html
Want Your Remington Gun Fixed? Here's What You Need to Know: http://www.cnbc.com/2015/12/08/want-your-remington-gun-fixed-heres-what-you-need-to-know.html
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