Turning aside objections from gun owners, legal experts and nine state attorneys general, a federal judge has given final approval to a landmark class action settlement involving some 7.5 million allegedly defective Remington guns, CNBC reports this morning. The ruling allows the owners of some of Remington’s most popular firearms — including the iconic Model 700 rifle — to have …
Hatchimals were the hottest toy around the holidays and now they are the focus of a class action lawsuit. Jodie Hejduk of Bakersfield, Calif. filed a class-action lawsuit against Spin Master, the maker of Hatchimals, CNBC reports. According to Hejduk, the Hatchimal toy she purchased for her daughter allegedly never hatched.
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A New Jersey couple on Friday filed a class-action lawsuit against Costco Wholesale, alleging that the warehouse retailer is illegally charging sales tax on toilet tissues — a product exempt from the state’s 7% sales tax — CNBC reports. Jacqueline Taufield and Robert Arnold say that they were charged sales tax when they bought Charmin toilet tissue on July 26, 2015 from a Costco location in …
Daimler is sticking to the rules governing emissions levels for its cars, the German automotive company’s chief executive told CNBC, as the diesel scandal surrounding the car trade shows no signs of dissipating Dieter Zetsche’s comments come amid media reports Monday that the U.S. Environmental Protection Agency had requested information from Daimler’s Mercedes-Benz brand to explain emissions …
Remington Arms Co.’s Model 700
What does a gun company do when it has a top selling product with a trigger defect that’s causing accidental deaths? Nothing, apparently, for decades. That’s the story of Remington Arms Co.’s Model 700 series rifle, which CNBC reports had a defective firing mechanism since it was invented almost 70 years ago.