(CNBC) America’s oldest gun manufacturer, Remington, has agreed to replace millions of triggers in its most popular product—the Model 700 rifle. The company has been riddled for years with claims the gun can fire without the trigger being pulled, often with deadly results.
A 2010 CNBC documentary, “Remington Under Fire: A CNBC Investigation,” explored allegations that for decades the company covered up a design defect, which Remington continues to deny. But now, under a nationwide settlement filed Friday in a federal court in Missouri, the company is agreeing to replace the triggers in about 7.85 million rifles.
The settlement involves a class action suit brought in 2013 by Ian Pollard of Concordia, Missouri, who claimed his Remington 700 rifle fired on multiple occasions without the trigger being pulled. The agreement also settles a similar class action case in Washington state. The Pollard suit accused Remington and its owners of negligence, breach of warranty, unfair and deceptive trade practices, and fraudulent concealment—some of it involving the company’s formal response to the 2010 CNBC documentary.