Families of victims killed in the Sandy Hook Elementary School shooting have reached an agreement to settle
a lawsuit against the company that made the murder weapon, for $73 million.
"These nine families have shared a single goal from the very beginning: to do whatever they could to help prevent the next Sandy Hook. It is hard to imagine an outcome that better accomplishes that goal," said Josh Koskoff, an attorney for victims' families, in a statement on Tuesday.
According to Koskoff's law firm, Remington's four insurers have all agreed to pay the full amount of coverage available, which is the $73 million total. The gun maker
filed for bankruptcy in 2020 and its assets were sold off.