The group said the settlement is only between the parties involved, does not create a legal precedent, and does not implicate the larger industry at all. The National Shooting Sports Foundation (NSSF), which represents gun makers and dealers, said insurers made the decision to settle. The firearms industry disowned the settlement. Even though it remains unclear if the plaintiffs would have ultimately prevailed in court, the huge settlement will likely result in new energy for activists looking to use lawsuits to restrict how gun companies operate. It proves efforts to circumvent federal liability protections are still viable. The settlement marks the first major victory in gun-control advocates’ attempts to hold gun makers liable for crimes committed with their firearms since the 1990s. The settlement will also allow the release of internal Remington documents obtained during the suit. $73 million will be paid out by insurers of the now-defunct Remington Outdoor Company (ROC), according to a settlement announcement released on Tuesday. Insurers have agreed to pay a massive settlement to the victims of the 2012 Sandy Hook shooting to the dismay of the gun industry.
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