In 2015, the families of nine victims of the 2012 Sandy Hook Elementary School shooting—in which 20 children and six adult staff were fatally shot—and a teacher who was shot and survived, filed a wrongful death lawsuit against Remington, a firearms wholesaler, and a firearms dealer, seeking a jury trial to recover unspecified damages.
In 2016, the suit was dismissed by the Connecticut Superior Court citing the immunity provided to firearms manufacturers by the federal Protection of Lawful Commerce in Arms Act of 2005.
On August 15, 2017, James Marcotuli announced his resignation as CEO, citing personal reasons.
[5] Remington filed for Chapter 11 bankruptcy protection in March 2018, having accumulated over $950 million in debt.
Remington's quick exit from bankruptcy was due to a pre-approved restructuring plan that was supported by 97% of its creditors.