Jury finds NRA liable for mismanagement, says Wayne LaPierre violated duties
Source: ABC News
February 23, 2024, 5:43 PM
After five days of deliberations, a jury in New York on Friday held the National Rifle Association liable for financial mismanagement and found that Wayne LaPierre, the group's former CEO, corruptly ran the nations most prominent gun rights group.
The jury determined that LaPierres violation of his duties cost the NRA $5,400,000, though he already repaid roughly $1 million to the organization.
LaPierre, staring forward with his hands clasped in his lap, sat in the first row of the gallery while the jury read the verdict.
The New York Attorney General's Office sued the NRA and its senior management in 2020, claiming they misappropriated millions of dollars to fund personal benefits -- including private jets, family vacations and luxury goods. The accusations came at the end of a three-year investigation into the NRA, which is registered in New York as a nonprofit charitable corporation.
Read more: https://abcnews.go.com/US/jury-finds-nra-liable-mismanagement-wayne-lapierre-violated/story?id=107269909
Irish_Dem
(47,900 posts)I wish he would be sent to prison.
Not just pay a fine.
mpcamb
(2,880 posts)Irish_Dem
(47,900 posts)Send him to prison.
He has blood on his hands.
Aristus
(66,527 posts)I know where you can get a gun and one bullet...
keithbvadu2
(37,043 posts)Just imagine getting (rightly) called out on your dishonesty and ethics by Ollie North!
peppertree
(21,714 posts)LetMyPeopleVote
(145,881 posts)NY AG James is doing a great job.
Link to tweet
https://www.msnbc.com/top-stories/latest/nra-wayne-lapierre-civil-corruption-trial-new-york-rcna139212
The defendants, which included the NRA itself, the organization's general counsel and corporate secretary John Frazer and former treasurer and chief financial officer Wilson Woody Phillips, were accused of using the nonprofit as a "personal piggy bank" in a civil lawsuit filed by James in 2020. James alleged that they violated nonprofit laws and misused tens of millions in NRA funds for personal gain.
After a week of deliberation, the jury agreed that the attorney general had proved her case, finding each of the defendants liable for violating their statutory obligations. The jury determined that LaPierre cost the organization more than $5 million but had already repaid $1.4 million. Phillips was held to have harmed the group to the tune of $2 million; the jury did not put a dollar amount on Frazer's violation.
In their argument, attorneys for the NRA had sought to distance the organization from LaPierre, who announced his resignation as CEO just days before the trial began in January, after more than 30 years at the helm. Sarah Rogers, representing the organization, said in opening arguments that LaPierre, though a "valuable and visionary leader, was "not always a meticulous corporate executive" and questioned why the NRA was even a defendant in the case.