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

Taurus 850 Revolver 1
Taurus 850 Revolver 1

Rifleman Review: Taurus 850 Revolver

One of Taurus' latest offerings is the 850, which builds on the company's earlier 650 design, providing the same shrouded-hammer design in a .38 Special-only chambering.

The 110 RF: Savage's Flagship Rifle Goes Rimfire

The Savage Arms 110 action has been a hallmark within the rifle world since 1958. Now, for the first time, the full-size 110 action is available in a rimfire chambering.

Thanking the Old Dominion University ROTC Cadets Who Stopped a Terrorist Attack

On the morning of March 12, 2026, a routine Army Reserve Officers’ Training Corps leadership lab at Old Dominion University in Norfolk, Va., turned into a fight-or-flight situation.

Review: Staccato HD P4.5

Combining an exclusive pistol design with a ubiquitous magazine makes the Staccato HD P4.5 practical and desirable.

Skills Check: Rifle Standard Gold

Here’s how to improve your close-range carbine handling.

Caracal USA Awarded Government Contract in the Bahamas for CMP9K

Caracal USA announced it would be supplying its CMP9K platform to various government agencies in the Bahamas.

Interests



Get the best of American Rifleman delivered to your inbox.