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Sandy Hook families settle with Remington over school massacre


Sandy Hook Elementary School shooting, heart and cross memorial near Sandy Hook Firehouse on Riverside Road in Sandy Hook, CT.

Enid Alvarez | NY Daily News | Getty Images

The families of some of the adults and children killed in the 2012 mass shooting at Sandy Hook Elementary School reached a $73 million settlement Tuesday with Remington, the manufacturer of the AR-15 rifle used in the massacre.

The settlement agreement also allows the families to make public thousands of pages of “internal company documents that prove Remington’s wrongdoing,” attorneys for the plaintiffs said in a press release.

“This victory should serve as a wake up call not only to the gun industry, but also the insurance and banking companies that prop it up,” said the families’ attorney, Josh Koskoff, in the release.

On Dec. 14, 2012, 20-year-old Adam Lanza broke into the elementary school in Newtown, Connecticut, and, wielding a Remington Bushmaster semiautomatic rifle, killed 20 students and six adults in less than five minutes.

Mary D’Avino and Hannah Miranda, the mother and sister of Rachel D’Avino, a Sandy Hook Elementary School shooting victim, hold a photo of her as they pose for a portrait following a press conference to announce a settlement with Remington Arms in Trumbull, Connecticut, U.S., February 15, 2022.

Carlo Allegri | Reuters

Nine victims’ families sued in 2014, alleging Remington bore some responsibility for the massacre through its marketing of the weapons. Remington had offered to settle for nearly $33 million last summer, but the families refused to accept.

“My beautiful butterfly, Dylan, is gone because Remington prioritized its profit over my son’s safety,” Nicole Hockley, whose son Dylan was killed in the shooting, said in the press release.

“My hope is that by facing and finally being penalized for the impact of their work, gun companies, along with the insurance and banking industries that enable them, will be forced to make their business practices safer than they have ever been,” Hockley said.

“Our legal system has given us some justice today, but David and I will never have true justice,” said Francine Wheeler, the mother of Ben, who was killed in the massacre. “True justice would be our fifteen-year-old healthy and here with us. But Benny will never be 15. He will be 6 forever because he is gone forever. Today is about what is right and wrong.”

David and Francine Wheeler, parents of Benjamin Wheeler, a Sandy Hook Elementary School shooting victim, pose for a portrait following a press conference to announce a settlement with Remington Arms in Trumbull, Connecticut, U.S., February 15, 2022.

Carlo Allegri | Reuters

An attorney for the defendants did not immediately respond to CNBC’s request for comment on Tuesday’s settlement.

President Joe Biden, who was vice president at the time of the Sandy Hook massacre, hailed the settlement.

“While this settlement does not erase the pain of that tragic day, it does begin the necessary work of holding gun…



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