Sandy Hook families reach $73M settlement with Remington over school massacre

Families of Sandy Hook victims reached a $73 million settlement Tuesday in their lawsuit against Remington Arms, manufacturer of the AR-15 semi-automatic rifle used to kill 20 kids and six staff members in the 2012 massacre.

The nine families brought a class-action suit in 2014 against Remington Arms, which made the weapon used in the mass shooting, claiming the gun-maker sought to sell the military-grade weapon to the mentally ill.

Remington had offered the families a $33 million settlement in July 2021, about $3.7 million per family, less than half of what ultimately will be doled out.