A federal judge gave his final approval for a landmark Remington settlement.
Nearly 7.5 million defective trigger mechanisms can now be returned and replaced free of charge, according to a judge's decision in the landmark Remington settlement.
According to 60 Minutes in an earlier report, this could cost Remington half a billion dollars.
Several of the Model 700 series were and are defective, and were allegedly firing without pulling the trigger.
According to CNBC, Remington still denies the allegations and holds to its belief that the guns are safe. However, they settled to avoid any further "protracted litigation."
The U.S. District Judge, Ortrie D. Smith, sent both parties away twice to reevaluate the settlement, but eventually decided that fixing some of the guns is better than not fixing any at all.
The settlement covers the Remington Model 700 as well as the Seven, Sportsman 78, 673, 710, 715, 770, 600, 660, 721, 722, and 725 rifles. It also covers the XP-100 bolt action pistol.
Find out more details at RemingtonFirearmsClassActionSettlement.com.