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...That law protects gun companies from harm “caused by the criminal or unlawful misuse of firearm products”, dictating that they cannot be sued in federal or state court....
...The last one was Cerberus and its takeover of Remington Arms, which failed in 2018. Bankers and lenders may have become more fastidious, and the two public companies have been financially prudent....
...The US Supreme Court has refused to block a landmark lawsuit brought by families of Sandy Hook victims against Remington Arms, the gunmaker whose assault-style rifle was used in the 2012 massacre....
...US firearm sales last month dropped 12 per cent from a year earlier to 1.2m, according to an estimate from Small Arms Analytics....
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