ATTN: TAURUS PT Handgun Owners

[mom45]

If I get one, I'll be sure to let you know.

 

[chickenman]

Well this easy decision for me then. I am not sending in my .40 cal 24/7. Been tossing the idea around to send it in or not. Looks like I will just keep it.

 

[mom45]

If it shoots well, that may be your best option. I'm pretty sure once they are sent in, they can't send them back due to the recall status. Sending them in requires electronically agreeing to the terms of the settlement I believe.

 

[nate77]

I have a 24/7 OSS that I picked up a few years ago. Paid about $475 for it. Sent in for the recall 6 -8 weeks ago. I got a voice message Tuesday to call with the reference number left. After 1 hr 45 min. on hold, their rep. Tells me $200 or a PT111 which their MSRP is $319. No other choice. I told them this was total unsatisfactory. They said this was approved by the court. I told them it was unsatisfactory again and I did not accept their offer. Hung up. Emailed them and asked to have the OSS returned to me. Have not heard anything back.

Moral of the story.

Never buy a Taurus firearm.

There is no way I’d accept a crappy little pt111 in exchange for my 5.25” OSS, not even in the same class, and not to mention, like you I paid well over $400 for it.

 

[mom45]

In looking at the terms on the settlement web site, it appears that they can offer whatever gun they choose. I was just reading and saw this. Interestingly, the cash amount may not end up being $200...could go down if enough guns are returned.

[h=4]7. I OWN A CLASS PISTOL, WHAT ARE MY OPTIONS?[/h][FONT=&quot][/FONT][FONT=&quot]Answer:[/FONT]
[FONT=&quot]If you own a Class Pistol, the following benefits are available to you under the settlement:
Cash Payments. You Can Return your Class Pistol to Taurus and receive a cash payment of up to $200.
Settlement Class members may elect to return their Class Pistol to the Taurus Companies and receive a payment of up to $200 per Class Pistol. The Taurus Companies will pay shipping costs. The actual amount you will receive is based on a weighted average and will depend on the total number of Class Pistols returned. You can see an example of the weighted average on the website. The amount of the cash payments will be based on the following schedule:

• If less than 10,000 Class Pistols are returned, the payment for each returned Class Pistol will be $200.
• If 10,001 to 20,000 Class Pistols are returned, the payment for each returned Class Pistol will be $175.
• If 20,001 to 200,000 Class Pistols are returned, the payment for each returned Class Pistol will be $150.
• If more than 200,000 Class Pistols are returned, the payment for each returned Class Pistol will be less than $150 and shall be equal to a $30 Million aggregate cap divided by the number of Class Pistols returned.

You will not know the cash payment amount until after the deadline to return Class Pistols has passed and the exact number of Class Pistols returned for payment is known. If you return your Class Pistol for a payment, it will not be returned to you even if the payment amount is less than you want.
If you have selected the Cash Benefit Option and sent your firearm to Taurus, please maintain the Confirmation and a copy of the FedEx Shipping Label you printed at the end of your claim submission as proof that you are no longer in possession of the firearm. When the Cash Awards are mailed in 2018, a letter will accompany the check, confirming that Taurus has received and is now in possession of the firearm.
Enhanced Warranty Benefit. Under the Enhanced Warranty benefit, you can return your Class Pistol for repair or replacement, at no cost to you.
Taurus will provide a free, transferrable lifetime Enhanced Warranty benefit. Under this benefit, you may ship your Class Pistol to Taurus at Taurus’s expense. Taurus will inspect the pistol and repair or replace it, with no requirement that you prove the pistol is defective. Taurus will ship the repaired or replaced pistol back to you at Taurus’s expense. You should anticipate a minimum three week turn-around if returning a Class Pistol for it to be repaired or replaced.
Before you decide to return your Class Pistol to Taurus under the Enhanced Warranty benefit, keep these things in mind:

• You can receive a replacement pistol only if applicable law permits the shipping of a replacement pistol to your state and municipality. See the website for more information. Replacement pistols will be shipped directly to the Federal Firearms Licensed dealer of your choosing. The dealer may require you to complete standard background check forms before transferring the replacement pistol to you. You may seek reimbursement from Taurus for fees associated with the transfer process.
• Certain calibers of the Class Pistol models are not available in Taurus G2 model pistols. You can review the calibers currently available in Taurus G2 model pistols at http://www.taurususa.com/pistols.cfm.
• More details about the Enhanced Warranty benefit can be found in the Enhanced Lifetime Warranty document available on the settlement website.
  
  
• 
  

[/FONT]
All of the info/terms can be seen here: Taurus Class Action