Wednesday, July 29, 2015

ATTN: Taurus Owners.

Taurus Agrees To $39 Million Settlement In Defective Pistol Case
Brazil-based handgun maker Forjas Taurus SA has agreed to a $39 million settlement in a class action lawsuit alleging some of the company’s most popular semi-automatic handguns can discharge when dropped and have a defective safety that allows the gun to fire even when it’s engaged.
According to court documents filed May 15 in a U.S. District Court in Florida, the company has agreed to pay up to $30 million to owners of nine separate handgun models who opt to send their pistols back, with owners receiving anywhere from $150 to $200 for their pistols depending on how many choose that option.
The agreement also will extend the warranty for the nine handgun models, allowing gun owners to send the pistols back to have the handguns inspected by Taurus technicians and address the “safety defects” alleged in the suit. Documents show the settlement could include as many as 100,000 handguns.
The settlement also calls for a maximum $9 million in attorney’s fees.
A Taurus official confirmed the settlement agreement, arguing the company does not admit any wrongdoing.
“The Taurus Companies do not admit liability in connection with the settlement,” the official told Grand View Outdoors. “If anyone has one of these pistols, we are happy to inspect it under the warranty and suggest that they send it to us so that we can do so.”
The settlement includes the following pistols: PT-111 Millennium; PT-132 Millennium; PT-138 Millennium; PT-140 Millennium; PT-145 Millennium; PT-745 Millennium; PT-609; PT-640 and PT-24/7.
My oldest daughter carries a PT-745 as a personal protection piece (6+1). I carry a PT-145 (10+1). The dollar value of the sales offer is laughable, but we will be returning them to the factory for warranty inspection.


Anonymous said...

Ya buy a Taurus, ya get a Taurus. Enough said.

Fidel said...

What he said....what the hell did people expect?

Arthur said...

Get a backup carry gun. Taurus isn't known for fast turnaround times.