In other news, S&W are now being sued in another mass shooting based on plaintiff claims that S&W marketing of its AR15 rifles was “irresponsible” and that the company “knew” that its AR15 style rifles could be “readily” modified for full automatic fire and “did nothing” to inhibit such modification.
https://www.reuters.com/legal/litig...e-synagogue-shooting-victims-suit-2021-07-08/
Like the Remington Outdoors case, the courts are ruling that the PLCAA protections do not prohibit the plaintiffs from suing on grounds that state laws governing firearms marketing were violated. Given the coordinated campaign by anti-civil rights groups like the various Bloomberg front groups, the Gifford group, Brady etc., aided by a strong media bias and hoplophobia, all aimed at creating social stigma and fear around guns, gun owners, gun makers, and gun owner rights groups, the plaintiffs are calculating that a jury may be willing to rule that the marketing of evil black rifles is irresponsible and a violation of state laws on such marketing.
Once a ruling against a gun maker is achieved on such grounds, it becomes a fifty state game of whack-a-mole. If one imagine a mere million dollars per state in legal fees, a $33 million dollar no admission of guilt settlement looks cost effective. If one imagines a future class action ruling and the potential bonding requirements across the fifty states, a considerably higher dollar figure, especially in a settlement that, for example, allows funding through the collection of fees from future sales to distributors and wholesalers, becomes quite cost effective.
S&W restructured in the last 24 months to specifically separate out the firearms business, almost certainly to prepare for such a settlement and the goal of selling T/C could well be to generate the up front portion of a cash settlement, although that is purely speculative.