Gun Manufacturer Offers Relatives of Sandy Hook Victims $33 Million Settlement

Firearms training unit Detective Barbara J. Mattson, of the Connecticut State Police, holds up a Bushmaster AR-15 rifle, the same make and model of gun used by Adam Lanza in the Sandy Hook School shooting, for a demonstration during a hearing of a legislative subcommittee reviewing gun laws, at the Legislative Office Building in Hartford, Conn., on Jan. 28, 2013. Jessica Hill/AP Photo

A gun manufacturer hit with a lawsuit over the 2012 massacre at an elementary school in Connecticut is offering plaintiffs a $33 million settlement.

The settlement was offered in court papers filed Tuesday by lawyers representing Remington Arms Company and Remington Outdoor Company.