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

Nra Logo Blue
Nra Logo Blue

Bill Bachenberg Elected NRA President, Doug Hamlin Unanimously Reelected as NRA Executive Vice President & CEO

Today, the Board of Directors of the National Rifle Association of America (NRA), elected Bill Bachenberg of Pennsylvania as President of the NRA and Doug Hamlin as NRA Executive Vice President & CEO.

Review: Garmin Xero C1 Pro Chronograph

Garmin is a longtime provider of useful electronics for outdoor enthusiasts, including handheld GPS units, archery optics and smartwatches. Near the end of 2023, the company expanded its offerings in a fresh direction by offering its very first chronograph, dubbed the Xero C1 Pro.

The Armed Citizen® April 28, 2025

Read today's "The Armed Citizen" entry for real stories of law-abiding citizens, past and present, who used their firearms to save lives.

New For 2025: Century Arms AP51 & AP53

Century Arms has expanded its AP5 line of roller-delayed blowback firearms with the new AP51 and AP53 handguns based on the Heckler & Koch G3 and HK33, respectively.

Preview: InfernoWare Shield

InfernoWare Shield is a spray-applied coating designed to protect firearm and other components from heat and contact damage.

Charles Hiltunen Elected As 76th NRA Director

Charles Hiltunen has been elected by the members to a one-year term ending in 2026.

Interests



Get the best of American Rifleman delivered to your inbox.