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Remington Arms - The Model 700 Defect
In 19 94, rimington reconsidered recalling the model 700 when a texas jury awarded a man almost 17 million dollars after his model 700 unintentionally destroyed his foot. The plan was to call back about three million model 701 fell swoop. But that was before the company calculated what it would cost them 23 million dollars. Instead, rimington once again pointed to its customers poor etiquette, this time blaming the defect on people improperly adjusting their ans or not performing routine maintenance.