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The maker of the rifle used in the Sandy Hook Elementary School shooting has offered some of the victims' families nearly $33 million to settle their lawsuit over how the company marketed the firearm to the public.
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The company, which has been making guns in the U.S. since 1816, filed for Chapter 11 protection in federal court in Alabama as it seeks to restructure amid ongoing legal and financial challenges.
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One of the oldest gun manufacturers in the country has filed for bankruptcy. Remington Outdoor Company, based in Madison, North Carolina, has racked up…
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One of the oldest gun manufacturers in the country has filed for bankruptcy. Remington Outdoor Company, based in Madison, North Carolina, has racked up…
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Originally published on March 29, 2018 5 a.m.Gunmaker Remington Outdoor Co. officially filed for bankruptcy last week. It has struggled in recent years…
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Remington, the storied gun maker that began turning out flintlock rifles when there were only 19 states in the Union, has filed for bankruptcy…