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

attack in a back alley
attack in a back alley

Cold Performance: How to Prepare for the Uncertainty of Self-Defense

Defensive gun use is defined by uncertainty. You don’t know when it will happen, how far away the threat will be, how many threats you will face or what position you will be in when it begins.

Derya Goes Silent: The OBone Suppressor

In 2025, Turkish manufacturer Derya Arms opened a new facility in Florida, enabling the company to produce a number of new products domestically, such as its new OBone suppressor.

The Armed Citizen® Oct. 26, 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.

Rifleman Q&A: Understanding a Firearm's Cycle of Operation

The cycle of operation is the mechanical sequence of events that it takes to fire one shot out of a firearm. If one of those steps fails to take place as designed, there is an interruption in the cycle of operation and the gun stops firing.

Review: Sightmark Pinnacle 1-6x24 mm Riflescope

Looking for a performance LPVO without the usual associated cost? The Sightmark Pinnacle 1-6x24 mm might be your answer.

Myths & Misunderstandings About the “Modern Fighting 1911”

The Colt Model 1911 pistol and its derivatives are among the most iconic military handguns ever made. But in 2026, does the M1911 still hold up as a quality defensive arm?

Interests



Get the best of American Rifleman delivered to your inbox.