Court Rules No Financial Monitor For NRA

by
posted on July 29, 2024
Nra Logo Blue

A New York judge has ruled that there will be no court-appointed overseer to monitor National Rifle Association, denying New York Attorney General Letitia James' request for further oversight of the organization. Judge Joel Cohen also ruled that former NRA EVP & CEO Wayne LaPierre will be barred from working for the NRA in an official capacity for 10 years instead of the lifetime ban requested by James.

“The NRA is moving forward, full speed ahead,” NRA EVP & CEO Doug Hamlin said. “We have a mission to fulfill and elections to win up and down the ballot. This is a major step toward rebuilding the trust of the members, donors, industry and our staff.”

The bench trial that ended on July 29 marks the end of years of litigation and is also the culmination of the trial's second phase. The first phase of the trial ended in February of this year when a jury ruled that the NRA was victimized by certain former vendors and “insiders” who abused the trust placed in them by the Association. The jury also found LaPierre violated his statutory obligation to discharge the duties of his position in good faith and with care. Former CFO Wilson "Woody" Phillips was also found guilty of violating his duties. LaPierre and Phillips were ordered to pay back $5.4 million and $2 million, respectively, to the NRA.

"As the NRA committed to the court, we will continue to pursue improvements to our commitment to good governance,” NRA President Bob Barr said. “We thank the board for its support and salute our loyal members. Freedom prevails again."

This trial's conclusion also makes it possible for the NRA to move forward with its course correction, which involves new compliance procedures overseen by Chief Compliance Officer Bob Mensinger. Newly elected EVP & CEO Doug Hamlin has reaffirmed his commitment to grow the organization and restore the trust of NRA members.

"As we move forward, my primary objective is to restore the trust of our members, our industry, our donors and our staff," Hamlin said in an introductory email to NRA employees. "Once our members see we are making progress with the changes resulting from the efforts of our Board of Directors, they will come back in significant numbers."

This article has been updated with statements from NRA EVP & CEO Doug Hamlin and NRA President Bob Barr.

Latest

40 S&W 1A
40 S&W 1A

The Short, Happy Life Of The .40 Smith & Wesson

Despite the wide acceptance of the .40 Smith & Wesson defensive handgun cartridge in its early years, the round has since faded from armories around the U.S. and replaced by an older, smaller-caliber cartridge.

Zastava's ZPAP M72 RPK Is Now Shipping

Zastava USA announced it would be expanding its lineup to include an M72 "RPK" model. Now, in 2025, that model has finally arrived and is shipping to dealers.

Preview: Mesa Tactical Truckee Forend

A 12-ga. shotgun can be a devastatingly potent defensive platform, but even the tactical models often aren’t configured terribly well for installing accessories.

Gun Of The Week: Benelli Lupo HPR

Welcome to another American Rifleman Gun Of The Week, and on this episode, we’re taking a closer look at Benelli’s Lupo HPR, or High Precision Rifle.

The Armed Citizen® Feb. 21, 2025

Read today's "The Armed Citizen" entry for real stories of law-abiding citizens, past and present, who used their firearms to save lives.

Glock 49 Gen5 MOS: The Glock 9 mm Perfected?

Available as a TALO distributor exclusive, the Glock 49 Gen5 blends the the longer G17 slide with the comfortably compact frame of the G19, and it also includes Glock's MOS optics-mounting system.

Interests



Get the best of American Rifleman delivered to your inbox.