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

Breechloading Jenks
Breechloading Jenks

William Jenks & His Early Breechloaders

Along with John Hall, William Jenks was an early pioneer in the realm of the breechloading carbine. However, Jenks' breechloading guns didn't see the widespread acceptance or fame of the Model 1819 Hall Rifle and its later carbine variants.

MidwayUSA Foundation Raises Record-Breaking Amount For Youth Shooting Teams

In just a single day, a record-breaking $168,770 was generated to support youth shooting sports at the fourth annual Day of Clays hosted by the MidwayUSA Foundation in Minnesota.

2025 Handgun Of The Year: Colt Blued Python

For each of the past 23 years, the editors of American Rifleman have convened to select our top picks for the past year’s best and most innovative products. Here are the most recent winners.

Rifleman Review: Kimber KDS9c

Kimber's KDS9c is one of only a few double-stack, M1911-style handguns on the market that are expressly designed for concealed carry in mind.

New For 2025: CVA Optima V3

CVA's mid-point Optima muzzleloader got a refresh in 2025, and this third-generation model offers a number of additional features while still remaining affordable.

From Paper Cartridge To PMAG: 250 Years Of U.S. Infantry Ammunition

Any survey of military firearms isn’t complete without also discussing the development of ammunition across this past quarter-millennium. From a conceptual standpoint, very little has changed.

Interests



Get the best of American Rifleman delivered to your inbox.