No doubt this and other legal cases had a draining effect on the company but it was far from the only reason Remington is no longer a company.
While $73 million sounds like a lot of money to me. In the grand scheme of things, it wasn't the biggest problem Remington had. They settled a $30+ million lawsuit in the 1990's because a handful of shotgun barrels burst. And that figure doesn't include what they paid for lawyers.
WHAT WAS THE LAWSUIT AGAINST REMINGTON ABOUT? | Trapshooters Forum
And this lawsuit was brought by shooters, not anti-gunners. Only a handful of the barrels burst, and no one was injured. But the purpose of the suit claimed that most Remington shotgun's value was reduced because of the problem. Everyone who owned certain models got a check ranging between $20-$50 to cover the reduced value.
And going back to the 1960's they were sued over 100 times because of the triggers used on virtually every bolt action rifle made since the 1940's. Every one of those were settled out of court. And most with non-disclosure statements. I can find at least one individual who got $17 million. Who knows what the others got?
And that is just the individual lawsuits. There have been 2 class action lawsuits. One for triggers made 2007-2014, and another for triggers made 1946-2006. Multiple millions were set aside to pay the expense of replacing triggers on those guns. We'll never know how much it cost Remington, or how much it cost them to pay lawyers. But I'd bet those combined far exceed the latest settlement.