NRA files bankruptcy (1 Viewer)

[Optimus Prime]

Not sure if this belongs here or on the EE
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AUSTIN, Texas (AP) — The National Rifle Association announced Friday it has filed for bankruptcy and will seek to incorporate the nation’s most politically influential gun-rights group in Texas instead of New York.

The announcement made on the NRA’s website comes months after New York’s attorney general sued the organization over claims that top executives illegally diverted tens of millions of dollars for lavish personal trips, no-show contracts for associates and other questionable expenditures..........

NRA declares bankruptcy, plans to incorporate in Texas

AUSTIN, Texas (AP) — The National Rifle Association announced Friday it has filed for bankruptcy protection and will seek to incorporate the nation’s most politically influential gun-rights group in Texas instead of New York, where a state lawsuit is trying to put the organization out of business.

apnews.com

 

[fooferdoggie]

Trial is suppose to start Monday. Also,

NRA chief, one of the most powerful figures in US gun policy, says he's resigning days before trial

Andrew Arulanandam will become the interim CEO & EVP, the organization said.

apnews.com

The Gestapo gets a trail. could not happen to nicer people. Prayers and thoughts.

 

[zztop]

unsurprising

Secret Recording Shows NRA Treasurer Plotting to Conceal Extravagant Expenses Involving Wayne LaPierre

Audio obtained by The Trace and ProPublica reveals, in real time, the gun lobbying group enacting a plan that would conceal payments for fancy hotels, limousines and other luxury expenses connected to its longtime CEO for a decade.

www.propublica.org

 

[Optimus Prime]

A New York state jury on Friday said the former long-serving National Rifle Association leader Wayne LaPierre – as well as other executives of the gun rights group – were liable in a a lawsuit centered on the organization’s lavish spending.

The jury found that LaPierre, who was the NRA’s CEO for three decades, misspent millions of dollars of the group’s money on private flights, vacations and other lavish perks. It ordered LaPierre to pay $4,351,231 in restitution to the group.……

NRA and Wayne LaPierre found liable in lawsuit over misspending of funds

Former NRA leader and other executives accused in New York civil trial of misspending millions of dollars of group’s money

www.theguardian.com

 

[MT15]

A New York state jury on Friday said the former long-serving National Rifle Association leader Wayne LaPierre – as well as other executives of the gun rights group – were liable in a a lawsuit centered on the organization’s lavish spending.

The jury found that LaPierre, who was the NRA’s CEO for three decades, misspent millions of dollars of the group’s money on private flights, vacations and other lavish perks. It ordered LaPierre to pay $4,351,231 in restitution to the group.……

NRA and Wayne LaPierre found liable in lawsuit over misspending of funds

Former NRA leader and other executives accused in New York civil trial of misspending millions of dollars of group’s money

www.theguardian.com

That’s nice and all, but I’d rather he give the money back to the people who paid dues, not the NRA.

 

[Optimus Prime]

NEW YORK (AP) — A New York judge on Monday banned Wayne LaPierre, the former head of the National Rifle Association, from holding a paid position with the organization for a decade, but he declined to appoint an independent monitor to oversee the gun rights group’s finances.

The split decision from Judge Joel Cohen came on the final day of arguments in the second stage of the civil trial of the NRA brought by New York Attorney General Letitia James.

Ruling from the bench, Cohen said the state’s request for a monitor was not the correct remedy, suggesting the outside oversight mechanism would be “time-consuming, disruptive and will impose significant costs on the NRA without corresponding benefits.”

Cohen also said he had concerns about “speech-chilling government intrusion on the affairs of the organization.”

He said the same First Amendment concerns did not apply to whether LaPierre could serve anytime soon in the organization.



“This relief is about the privilege, not the right, to serve as an officer or director of a New York not-for-profit,” he said.

Earlier Monday, LaPierre, told the judge that appointing a monitor to oversee the gun rights group’s finances would be “equivalent to putting a knife straight through the heart of the organization and twisting it.”

He described the appointment of a monitor as an existential threat to the group because it would send a message to prospective members and donors that the NRA was “being surveilled by this attorney general in New York.”

If the monitor is appointed, he said, “General James will have achieved her objective to fulfill that campaign promise of, in effect, dissolving the NRA for a lack of money and a lack of members.”……

Judge declines to appoint monitor for NRA but bars former CEO Wayne LaPierre from working for group

A New York judge declined to appoint an outside monitor to oversee the finances and internal policies of the National Rifle Association.

apnews.com