This is a bad precedent. Perhaps they believe it will cost more to keep defending against the lawsuit or that they will lose in court in the end.
Either way, now more people will sue gun makers hoping to also get windfall victories.
I believe if they had taken this ro SCOTUS they could have won and set a precedent thus preventing future frivolous lawsuits.
This is akin to when S&W agreed to put lock mechanisms in their guns.
https://abcnews.go.com/Business/wireStory/gun-maker-offers-33m-settle-suit-sandy-hook-79116736
Either way, now more people will sue gun makers hoping to also get windfall victories.
I believe if they had taken this ro SCOTUS they could have won and set a precedent thus preventing future frivolous lawsuits.
This is akin to when S&W agreed to put lock mechanisms in their guns.
https://abcnews.go.com/Business/wireStory/gun-maker-offers-33m-settle-suit-sandy-hook-79116736
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