I did a quick search and found out that the lawsuit was dismissed which was par at the time for the many lawsuits brought against firearm manufacturers at the time. But the constant beating of legal actions was a very powerful weapon against the Gun Manufactures who had to shed cash to pay for legal expenses. Gun Control figured that Gun companies would eventually go bankrupt which would make them very happy. What they did not expect to happen was to have all those competing companies join together, lobby politicians and eventually obtain the Protection of Lawful Commerce in Arms Act passed in Congress and becoming the law of the land.
Of course, new legal angles are now being explored in court and the bed-shitting that Remington did bending over and settling has not helped, but the enemy never quits, and neither should we.