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

SDS Arms MAC-5K
SDS Arms MAC-5K

Review: Military Armament Corporation MAC-5K

SDS Arms, under its Military Armament Corporation (MAC) brand, imports Turkish-made roller-delayed handguns of the H&K MP5 pattern called the MAC-5K.

8 New Revolvers for 2026

Despite the incredible array of polymer-frame, striker-fired, semi-automatic handguns on the market, the classic revolver not only refuses to die, it has seen something of a resurgence in recent years.

The Armed Citizen® May 18, 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.

8 New Semi-Auto Shotguns for 2026

For 2026, the semi-automatic shotgun market has seen even more growth, with some manufacturers expanding their current offerings and other makers entering the marketplace with novel designs.

SAAMI Celebrates 100th Anniversary

For the past 100 years, the Sporting Arms and Ammunition Manufacturers’ Institute (SAAMI) has established the standards that ensure our safety when using modern shotshells, cartridges, firearms and more.

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.

Interests



Get the best of American Rifleman delivered to your inbox.