CNBC – by Scott Cohn
Two owners of allegedly defective Remington Model 700 rifles say they will seek to block a landmark class action settlement approved by a federal judge last month, arguing the agreement does not go far enough. That means the fate of as many as 7.5 million allegedly unsafe guns is once again in question.
The settlement covers the iconic Model 700 and a dozen other Remington models with similar designs. In 2010, CNBC investigated allegations Remington covered up a deadly design defect that allows the guns to fire without the trigger being pulled. Remington has steadfastly denied the allegations and maintains that the guns are safe, but said it was settling the class action case to avoid prolonged litigation. Remington has agreed to replace the triggers in millions of the guns free of charge, and provide product vouchers for models it says are too old to be retrofitted. Continue reading “Remington rifle settlement in question as gun owners appeal”