Details about how to obtain benefits from a settlement over alleged defective handgun designs by Taurus International will appear on a website this month, according to the plaintiff’s attorneys. The settlement agreement would allow owners of affected handguns to either have Taurus repair the alleged defect in the pistol or exchange the gun for cash.

If owners select the first option, the package includes an enhanced warranty that allows any owner to submit a claim at any time and Taurus will pay the bill; or if the pistol cannot be repaired, it will be replaced; and along with the warranty, Taurus will provide an online safety training course for operating and handling the pistol.

If the cash settlement is chosen, the price per pistol varies depending on how many people submit claims. Taurus may pay a maximum of $200 per gun or as little as $30, but the total overall payout is capped at $30 million.

In exchange for their claim, participants agree that they will not sue Taurus over the alleged defect and Taurus does not have to admit to a defective design. However, if owners exclude themselves from submitting a claim, they could file suit on their own…

We don’t know what could happen with subsequent owners of those defective pistols who did not agree to not sue. Perhaps they would have to sue the former owner. According to court documents, nine Taurus pistol designs have an alleged defect that allows the gun to fire while the safety is engaged…

Taurus pistols subject to these defects include the 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.