If you follow the news you probably heard that Remington agreed to settle with the Sandy Hood families for $73 million.
I’ve already seen a lot online from the gun community re “fuck Remington, those traitors, they are dead to me, argle bargle blah.”
Let me put some things into perspective with as much info as I have knowing people there.
The lawsuit began in 2014. Since then Remington has been through two bankruptcies and three holding companies.
They are trying to rebuild the company following it’s last bankruptcy and shutting down of the Huntsville facility. The last thing any banks or investors want is a huge lawsuit that has been dogging them for eight years hanging over their heads.
It was most likely a financial decision to settle and clear it off the books and be done with it so they can move on.
Keep in mind, Remington’s insurance tried to settle previously.
Now I know a lot of people are saying “but it’s not about the money, it’s about the principle.”
Yes. But consider this:
The Protection of Lawful Commerce in Arms Act expressly prohibits this sort of legal action.
The facts are Adam Lanza stole his mother’s gun after killing her.
Remington pushed for summary dismissal under the PLCAA and won.
The Connecticut State Supreme Court reversed the decision based on a highly partisan and dubious decision that argued Bushmaster’s marketing of AR pattern rifles to civilians violated Connecticut Unfair Trade Practices Act.
Remington appealed to the US Supreme Court and was turned down.
So what we had was a very political State Supreme Court decision that was a bullshit runaround of the PLCAA.
Given that, did you really expect Remington to get a fair trial in Connecticut?
Should Remington have gone to court on principle just lose and be hit with punitive damages that would have wiped it out for good?
If you really want to vent your anger at someone, vent it at SCOTUS for refusing to take up the appeal and assert that the PLCAA is the law and bullshit runarounds are not legal.
And if you say “well, I’m never going to buy a Remington again, fuck them” let me tell you who you are hurting.
The good people of Ilion, New York.
The holding company bastards will bail out with Golden Parachutes like they did before.
It will be the factory workers and engineers who will get laid off with two weeks severance that get fucked.
Yes, it’s an absolutely broken system where the executives who make the decisions profit off their failures as they fail up and the people who just do their jobs pay with their living. And I’d love to change it, but I can’t.
So before the gun community goes all argle bargle, understand the rock and the hard place Remington was put between and by whom, and who will and will not suffer as the result of a Remington boycott.