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

Kimber 2K11 Pro Comp Review 1
Kimber 2K11 Pro Comp Review 1

Review: Kimber 2K11 Pro Comp

Kimber expanded its 2K11 line with the Pro Comp in 2026, providing a Commander-length slide and barrel topped by an integrated compensator.

New for 2026: Bear Creek Arsenal Bear Bolt Pro

North Carolina-based Bear Creek Arsenal, a prolific maker of AR-10 and AR-15 pattern firearms, is combining the modularity of the MSR platform with a traditional turn-bolt action with its Bear Bolt Pro.

I Have This Old Gun: Model 1854 Lorenz Jägerstutzen

The Austrian Lorenz Jägerstutzen was a unique variant of sharpshooting rifle that made it stateside during the American Civil War.

SHIELD Sights Celebrates 40 Years of Red-Dot Optics Innovation

SHIELD Sights is celebrating its 40th anniversary, marking four decades of British engineering, innovation and contributions to the evolution of modern red-dot optics.

TX Maxed: The Taurus TXM in 5.7x28 mm and .22 WMR

Using its TX series architecture yet again, Taurus is adding the 5.7x28 mm and .22 WMR to its chambering options with the new-for-2026 TXM.

Review: Federal's 6.5 Creedmoor +Peak Ammunition

Federal’s new 6.5 Creedmoor +Peak takes a long-range staple even farther.

Interests



Get the best of American Rifleman delivered to your inbox.