14 Sep Taurus Agrees to $30 Million Settlement
Gun maker Forjas Taurus has agreed to settle a $30 million class-action suit in a defective handgun case. Plaintiffs claim that some Taurus handgun safeties, even when engaged, may allow the gun to fire if it is dropped. The affected pistols are: PT-111 Millennium, PET-132 Millennium, PR-138 Millennium, PT-140 Millennium, PT-145 Millennium, PT-745 Millennium, PT-609, PT-140 and the PT-24/7. While Taurus denies any wrongdoing, the company has agreed to pay Class Members between $150 and $200 for returned pistols in addition to an enhanced lifetime warranty and training for the firearms. MHH attorneys represent current owners of the pistol.