Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

Gunmaker to pay $30 million settlement charges over defective pistol triggers

July 30, 2015 Reprints

Forjas Taurus, a Brazilian gun manufacturer, has agreed to pay $30 million to settle the allegations made against it over defective pistol triggers in a class action lawsuit, reports OutdoorHub.

The class action lawsuit, led by plaintiff Chris Carter, affects nine handgun models made by the company. Plaintiffs claimed that the affected handguns were capable of firing when dropped, even when the safety is locked.

1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
2. Zurich Insurance to stop underwriting new oil and gas projects
3. Bermudan, European reinsurers to suffer major hit from bridge collapse
4. Tycoon gets death sentence for multi-billion-dollar fraud
5. Inflation drives 10% increase in sum insured for windstorms
6. Apple loses bid to throw out $977M lawsuit over app store fees

Help

Gunmaker to pay $30 million settlement charges over defective pistol triggers

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources