Final hours! Save up to 55% OFF InvestingProCLAIM SALE

Judge rejects NRA bid to end New York probe into gun rights group

Published 06/10/2022, 04:07 PM
Updated 06/10/2022, 04:11 PM
© Reuters. FILE PHOTO: Wayne LaPierre, CEO of the National Rifle Association (NRA), speaks at the NRA-ILA Leadership Forum during the National Rifle Association (NRA) annual convention in Houston, Texas, U.S. May 27, 2022. REUTERS/Shannon Stapleton

By Jonathan Stempel

NEW YORK (Reuters) - A New York judge on Friday rejected the National Rifle Association's bid to end an investigation by that state's attorney general into alleged corruption at the gun rights group.

Justice Joel Cohen of the New York state court in Manhattan said the NRA did not show that Attorney General Letitia James' probe was a politically motivated effort to target the group and silence its speech because she disliked its policies.

James, a Democrat, sued the NRA in August 2020, accusing it of diverting millions of dollars to fund luxuries for officials like longtime Chief Executive Wayne LaPierre, using no-show contracts for associates and making other questionable expenses.

Cohen had on March 2 blocked James' effort to dissolve the NRA, but in Friday's decision said she still had many legally viable claims against the nonprofit.

"The narrative that the attorney general's investigation into these undeniably serious matters was nothing more than a politically motivated--and unconstitutional--witch hunt is simply not supported by the record," he wrote.

William Brewer, a lawyer for the NRA, said the group was disappointed, but the decision would not affect its defenses or its Second Amendment advocacy.

"There is an extraordinary public record that [James], as a candidate, vowed to target the association--chilling evidence of her motivations toward a political adversary," he said.

James, who is seeking re-election, in a statement said the decision "reaffirmed the legitimacy and viability of my office's lawsuit against the NRA for its years of fraud, abuse and greed."

In refusing to let James dissolve the NRA, Cohen found a lack of evidence the group benefited from financial misconduct or could not serve its members, the sort of "public harm" that could justify a "corporate death penalty."

LaPierre has long faced allegations he exploited his three decades leading the NRA for his personal benefit.

© Reuters. FILE PHOTO: Wayne LaPierre, CEO of the National Rifle Association (NRA), speaks at the NRA-ILA Leadership Forum during the National Rifle Association (NRA) annual convention in Houston, Texas, U.S. May 27, 2022. REUTERS/Shannon Stapleton

During a trial last year that ended the NRA's effort to file for bankruptcy and reincorporate in Texas to avoid James' oversight, LaPierre testified about gifts he received, including yacht trips from a Hollywood producer, but denied wrongdoing.

The case is New York v. The National Rifle Association of America Inc et al, New York State Supreme Court, New York County, No. 451625/2020.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.