KEY POINTS
  • Owners of some 7.5 million Remington firearms, including the Model 700 rifle, now have 18 months to file a claim.
  • A class action suit alleged the guns can fire without the trigger being pulled, though the company still maintains they are safe.
  • CNBC investigated allegations, denied by Remington, that the company covered up the alleged defect for decades.
The Remington 700 trigger mechanism

A landmark class action settlement involving some of Remington's most popular firearms has officially gone into effect, after critics of the agreement declined to take their case to the Supreme Court by a Tuesday deadline, according to an attorney for the plaintiffs.

That means that millions of owners of the iconic Model 700 rifle — and a dozen Remington models with similar designs — have 18 months to file claims for a free replacement of their guns' allegedly defective triggers. The guns have been linked in lawsuits to dozens of accidental deaths and hundreds of serious injuries, though Remington still maintains they are safe.