Lawsuit Settlement Day in the USA: Remington settles with Sandy Hook families for $73 million, Prince Andrew settles with Virginia Giuffre for [undisclosed amount]

[Commissar SFLUFAN]

Families of Sandy Hook victims settle with Remington

WWW.BBC.COM

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The $73m settlement marks the first time a US gun manufacturer has faced liability for a mass shooting.

 

Quote

 

A company that made a rifle used in one of the US's deadliest school shootings has settled with the families of victims for $73m (£53.9m).

 

The settlement from Remington Arms comes in response to a lawsuit brought by the families of nine of 26 victims of the 2012 Sandy Hook massacre.

 

The case marks the first time a gun-maker has faced liability for a mass shooting.

 

Until now, the industry has been enjoyed immunity from litigation.

 

Each family will receive a share of the settlement, but other details of the deal were not disclosed.

 

 

 

Prince Andrew settles US civil sex assault case with Virginia Giuffre

WWW.BBC.COM

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The duke will pay an undisclosed financial sum to Virginia Giuffre as part of the out-of-court settlement.

 

Quote

 

Prince Andrew has settled a civil sexual assault case brought against him in the US by Virginia Giuffre.

 

Ms Giuffre had been suing the Duke of York, claiming he sexually assaulted her on three occasions when she was 17, allegations he has repeatedly denied.

 

A letter filed to the US district court on Tuesday said the duke and Ms Giuffre had reached an out-of-court settlement.

 

It said the duke would pay an undisclosed sum to Ms Giuffre.

 

His representatives said he had no comment beyond what was said in the document filed to the court. Buckingham Palace declined to comment on the settlement.

 

 

[SuperSpreader]

I wonder if lawsuits can make gun manufacturers want ownership regulation. 

[Jason]

2 minutes ago, SuperSpreader said:

I wonder if lawsuits can make gun manufacturers want ownership regulation. 

 

What were Remington's profits last year?

[SuperSpreader]

1 minute ago, Jason said:

 

What were Remington's profits last year?

 

What am I? NASDAQ?

[Guest]

The interesting thing about the Remington/Sandy Hook case is that they took a route more like the Tobacco lawsuits of yesteryear and targeted the way Remington advertised their products, specifically how they have paid lots of money in the last decade to have their firearms included in video games. The guns themselves were hardly even an issue.
 

Will be interesting to see if others jump on this train because the gun industry is overflowing with horrendous marketing of this sort. Bet a lot of companies are mad that Remington didn’t continue fighting it and chose to settle pre-trial.

[Jason]

1 hour ago, SuperSpreader said:

What am I? NASDAQ?

 

It was a rhetorical question bro.

[SuperSpreader]

1 minute ago, Jason said:

 

It was a rhetorical question bro.

 

Do I look like an Index fund to you?  

 

Do. I. Look. Like. An. Index. Fund. To. You.

 

 

[Jason]

38 minutes ago, SuperSpreader said:

 

Do I look like an Index fund to you?  

 

Do. I. Look. Like. An. Index. Fund. To. You.

 

 

 

Yes actually now that you mention it you do.