Remington Arms has been set up to pay $73 million as a settlement to the families of five children and four adults who were shot at Sandy Hook school in 2012. The Sandy Hook court case sets a new precedent for gun liability cases. Remington went bankrupt following a “shady” financial deal in 2012 by its owner, Cerberus equity company. Cerberus also owns DynCorp, a government and military contractor that has been linked to pedophilia, rape and trafficking.
Summary by JW Williams
Remington Arms, the manufacturer of the Bushmaster AR-15 weapon that was used in the 2012 Sandy Hook shooting, will reportedly pay $73 million to the families of five children and four adults who were killed. This is the first time that a gun manufacturer has agreed to a major settlement over a mass shooting in the US.
Cerberus Assigned Hundreds of Millions in Debt to Remington
The Cerberus private equity firm, which manages over $30 billion in assets, bought Remington in 2007. It paid $370 million for the deal, which included assuming $252 million in Remington debt. Cerberus put money into a holding company, the Freedom Group, that actually bought Remington, instead of buying Remington outright. In 2012, the year of the Sandy Hook shooting event, Cerberus had Remington borrow hundreds of millions of dollars and use it to buy the holding company’s debt, effectively transferring responsibility for the principal and the interest payments onto Remington. Remington later went into bankruptcy.
Cerberus is also the parent company of DynCorp, which is a major national security contractor with the US government that charges billions for overseas military and police training. DynCorp has been involved in a number of scandals including pedophilia, rape, child trafficking, sexual slavery with boys in Afghanistan, and child pornography. Cerberus has given large donations to both Republicans and Democrats. DynCorp continues to be awarded lucrative government contracts. In 2018, former President Trump named Cerberus co-founder Stephen Feinberg to head the President’s Intelligence Advisory Board.
Sandy Hook Sets New Precedent for Gun Liability Cases
The Remington settlement exploited an exception in a 2005 law shielding gun manufacturers from liability lawsuits. That exception was for marketing, and the families blamed Remington’s ads for inspiring Adam Lanza, the accused killer who stole the gun from his mother.
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The 2005 Protection of Lawful Commerce in Arms Act (PLCAA) states “…(3) where a manufacturer or seller of a qualified product knowingly and willfully violated a State or Federal statute applicable to the sale or marketing of the product, and the violation was a proximate cause of the harm for which relief is sought;”
It seems highly unlikely that Remington’s marketing was a factor in the shooting as Lanza didn’t buy the gun as he stole it from his mother. The plaintiffs never produced evidence that Lanza ever saw any of their advertisements. The shooter had the sole responsibility for his actions.
Remington Arms will release all of their discovery and disposition material to the public in a one-sided agreement.
While federal law shields gun manufacturers from some wrongful death litigation, the Connecticut Supreme Court ruled Remington was not immune from liability on the matter of its marketing practices. Remington appealed to the US Supreme Court, which dismissed the opportunity to review the case.
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Cal
2 years ago
“Remington Arms, the manufacturer of the Bushmaster AR-15 weapon that was used in the 2012 Sandy Hook shooting, will reportedly pay $73 million to the families of five children and four adults who were killed.”
Then “booze” companies are responsible for drunk driver damages? Fast food/etc for the overweight and unhealthy diets, heart attacks, etc? Etc, etc, etc?
No, each person is RESPONSIBLE for their own actions, unless a minor, in that case their parents are.
Fastt Ed
2 years ago
And the school district is NOT held liable at all ?
And where is the “Supremes” Court on all this ? No appeal to them ?
Bruce Tanner
2 years ago
It would be nice if Need to Know News could at least mention that many dedicated researchers have amassed evidence indicating that the “Sandy Hook Massacre” never happened in the ways that what is arguably best known as the Propaganda Media reported it as taking place.
Alabama John
2 years ago
How about gun and sporting stores, are they now guilty if their product causes harm?
Steven Smith
2 years ago
Nobody died at sandy hook.
Dave
2 years ago
So Walmart is responsible for all the kitchen knife murders…right?
Steve Gaylord
2 years ago
Sandy Hook Elementary, located in Newtown, Connecticut, was not even an operational school at the time of the shooting and hadn’t been since itsclosure in 2008 due to its “deplorable physical condition (both inside and out)” and its noncompliance with federal and state laws.
Next, we can probably expect to see the tyrant, Justin Trudeau suing Peterbilt, Freightliner, and Kenworth for Billions for a headache.
Jim
2 years ago
As has been pointed out in other comments, there is tremendous evidence that the Sandy Hook event was a false flag operation that never really happened. I realize that I’m posting here to a very aware audience, but if you’ve never seen it, take a look at the free book online titled “Nobody Died at Sandy Hook”, that got banned on Amazon. In addition, go to Bitchute.com and type in “Sandy Hook” to see the videos discussing this…So all of this has me wondering if this supposed “payment” by Remington is also made up B.S., to keep the pitch for… Read more »
christopher david scallio
2 years ago
That explains why Remington settled. They’re owned by Dyn Corp. An Intelligence Agency run Corporation for the Military Industrial Complex. Anyone who’s spent a minimum of 2 hours researching Sandy Hook would know that it was a Hoax. Even if the Drill was a real event, which it wasn’t, a manufacturer would have no liability for what someone does with their property. No one would settle.
Jon Nellis
2 years ago
Cerberus….Three headed dog that guards the gate to Hades Freedom Group Compliance call line…1-888-#$%-0666 (photographic proof) 4..the number of CEO and plant managers during my tenure at Ilion facility, who also received very lucrative parachutes (tens of millions) when they moved on to bilk their next company or retire in grandeur. Having custom built and proofed by hand thousands of specialty BM SKU firearms on line and my own bench. The last one ever made in Ilion went home with me. The pinnacle of line production was near 1600 a day, one thousand six hundred, times average $1000.00 retail. Do… Read more »
Jon Nellis
2 years ago
I would have left my thought as they were if not for having viewed a “documentary” about “Boeing and McDonnell Douglass” last night concerning their 737 max. What transpired with that particular American Icon and bastion of American manufacturing Beoing. IS Exactly what happened at Remington Arms, Exactly the same with the exception of FAA vs ATF. Collective Corporate GREED is purposefully destroying industry and killing people, then after the political muppet show, they pay a percentage of their billions in profit to avoid criminal charges.
“Remington Arms, the manufacturer of the Bushmaster AR-15 weapon that was used in the 2012 Sandy Hook shooting, will reportedly pay $73 million to the families of five children and four adults who were killed.”
Then “booze” companies are responsible for drunk driver damages? Fast food/etc for the overweight and unhealthy diets, heart attacks, etc? Etc, etc, etc?
No, each person is RESPONSIBLE for their own actions, unless a minor, in that case their parents are.
And the school district is NOT held liable at all ?
And where is the “Supremes” Court on all this ? No appeal to them ?
It would be nice if Need to Know News could at least mention that many dedicated researchers have amassed evidence indicating that the “Sandy Hook Massacre” never happened in the ways that what is arguably best known as the Propaganda Media reported it as taking place.
How about gun and sporting stores, are they now guilty if their product causes harm?
Nobody died at sandy hook.
So Walmart is responsible for all the kitchen knife murders…right?
Sandy Hook Elementary, located in Newtown, Connecticut, was not even an operational school at the time of the shooting and hadn’t been since its closure in 2008 due to its “deplorable physical condition (both inside and out)” and its noncompliance with federal and state laws.
Next, we can probably expect to see the tyrant, Justin Trudeau suing Peterbilt, Freightliner, and Kenworth for Billions for a headache.
As has been pointed out in other comments, there is tremendous evidence that the Sandy Hook event was a false flag operation that never really happened. I realize that I’m posting here to a very aware audience, but if you’ve never seen it, take a look at the free book online titled “Nobody Died at Sandy Hook”, that got banned on Amazon. In addition, go to Bitchute.com and type in “Sandy Hook” to see the videos discussing this…So all of this has me wondering if this supposed “payment” by Remington is also made up B.S., to keep the pitch for… Read more »
That explains why Remington settled. They’re owned by Dyn Corp. An Intelligence Agency run Corporation for the Military Industrial Complex. Anyone who’s spent a minimum of 2 hours researching Sandy Hook would know that it was a Hoax. Even if the Drill was a real event, which it wasn’t, a manufacturer would have no liability for what someone does with their property. No one would settle.
Cerberus….Three headed dog that guards the gate to Hades Freedom Group Compliance call line…1-888-#$%-0666 (photographic proof) 4..the number of CEO and plant managers during my tenure at Ilion facility, who also received very lucrative parachutes (tens of millions) when they moved on to bilk their next company or retire in grandeur. Having custom built and proofed by hand thousands of specialty BM SKU firearms on line and my own bench. The last one ever made in Ilion went home with me. The pinnacle of line production was near 1600 a day, one thousand six hundred, times average $1000.00 retail. Do… Read more »
I would have left my thought as they were if not for having viewed a “documentary” about “Boeing and McDonnell Douglass” last night concerning their 737 max. What transpired with that particular American Icon and bastion of American manufacturing Beoing. IS Exactly what happened at Remington Arms, Exactly the same with the exception of FAA vs ATF. Collective Corporate GREED is purposefully destroying industry and killing people, then after the political muppet show, they pay a percentage of their billions in profit to avoid criminal charges.