Court Rules No Financial Monitor For NRA

by
posted on July 29, 2024
** When you buy products through the links on our site, we may earn a commission that supports NRA's mission to protect, preserve and defend the Second Amendment. **
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

Range Ready Plinkapalooza 1
Range Ready Plinkapalooza 1

Shooting Is Fun: How I Rediscovered the Benefits of Rimfire

A recent event at Range Ready in Robert, La., reminded us how much fun the simple rimfire firearm can be, whether in handgun, carbine or rifle form.

New for 2026: Daniel Defense MUTE30Ti & NULL9Ti Suppressors

Daniel Defense was one of the first manufacturers to employ additive manufacturing techniques in suppressor-making, and now, the company has expanded its line with the MUTE30Ti and NULL9Ti silencers.

The Fight for America’s Rifle

Despite the warning we’ll sue to protect commonly owned AR-type rifles, Virginia Gov. Abigail Spanberger (D) signed Senate Bill 749, which will make it illegal to sell, purchase, import, manufacture or transfer such firearms starting on July 1. 

Gun of the Week: Henry Repeating Arms SPD Predator

The new SPD Predator, an extension of Henry's magazine-fed Lever Action Supreme Rifle design, looks to extract the greatest possible degree of accuracy and precision from a modern lever gun.

The Armed Citizen® May 15, 2026

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

The Politically Incorrect Truth About the Armed Citizen

The Second Amendment doesn’t—and should not be treated as if—it ends at state lines. American citizens need the national reciprocity legislation that is now active in Congress.

Interests



Get the best of American Rifleman delivered to your inbox.