Gun manufacturers can, and have been, sued for "defective" devices, as any manufacturer can be. The difference, is that in gun cases many antis feel that even if the gun related injury/death is unrelated to any malfunction or defect, you shhould still be able to sue.
In fact, there is a Federal law, The Protection of Lawful Commerce in Arms Act of 2005, that specifically addresses this issue. The case at hand (per your link) is an attempt to revive an old case that was shot down at the Illinois Supreme Court level. The application for cert at SCOTUS is dependent on the current case (13 y/o sherriff's kid shooting another kid) being sufficiently different cases previously denied cert.
Personally, I don't think it has much chance of succeeding, but we'll have to see how things go.