CNN reports:
Longtime National Rifle Association chief Wayne LaPierre should pay the powerful gun rights group $4.3 million in damages for mismanagement and misspending charitable funds on lavish personal trips, no-show contracts and other questionable expenditures, a New York jury decided on Friday.
The jury found the New York Attorney General’s Office proved he violated his fiduciary duties from 2014 to 2022 when he was at the helm of the non-profit group. The jury found that he caused $5.4 million in damages to the NRA by violating his statutory duties, but he proved he already repaid a little over $1 million.
NBC News reports:
Jurors also found that the NRA violated the law by failing to adopt a whistleblower policy and that eight employees suffered because of the violation. State Supreme Court Judge Joel Cohen will have the final say over monetary damages and remedies.
Cohen could also decide whether any of the individual defendants should be permanently barred from serving on the board of any charity in New York and whether an independent monitor should oversee the NRA’s finances.
BREAKING: In another win for NY AG Letitia James, a New York jury has found the NRA and its former CEO Wayne LaPierre liable for corruption and misappropriating funds. https://t.co/YlJKgHt3m4
— MeidasTouch (@MeidasTouch) February 23, 2024