FOLLOW US

Financial Investigations August 7, 2020 3 mins read

New York Attorney General files lawsuit to dissolve the NRA

Financial Investigations ı By Marivic Cabural Summers

0 Comments

New York AG James

New York Attorney General Letitia James filed a lawsuit to dissolve the National Rifle Association (NRA), the largest and most influential gun rights organization in the United States.

Attorney General James' action comes after her office conducted an 18-month investigation that uncovered evidence that the NRA, under the direction of its top executives, engaged in widespread violations of New York laws including those governing the organization’s charitable status.

In the lawsuit, Attorney General James claimed that the NRA’s senior executives instituted an illegal, fraudulent, and oppressive culture of self-dealing, mismanagement, and negligent oversight at the organization.

The New York Attorney General specifically named NRA’s Executive Vice President Wayne LaPierre, former Treasurer and Chief Financial Officer (CFO) Wilson “Woody” Phillips, former Chief of Staff and Executive Director of General Operations Joshua Powell, and Corporate Secretary and General Counsel John Frazer as culprits in the case.

James says the NRA is "fraught with fraud and abuse”

LaPierre, Phillips, Powell, and Frazer allegedly failed to fulfill their fiduciary duty to the NRA and used millions of dollars from the NRA’s reserves for their own personal benefits. They also allegedly awarded contracts to family members, friends, and former employees to maintain loyalty. Their financial misconduct allegedly contributed to more than $64 million in losses for the organization in just three years, according to the complaint.

In addition to shutting down the NRA in its entirety, Attorney General James seeks to recover millions of dollars in lost assets and stop LaPierre, Phillips, Powell, and Frazer from serving on the Board of any not-for-profit charitable organization in the State of New York.

In a statement, Attorney General James said, “The NRA’s influence has been so powerful that the organization went unchecked for decades while top executives funneled millions into their own pockets.”

She added that the organization is “fraught with fraud and abuse.” She is seeking its dissolution because “no organization is above the law.”

NRA calls lawsuit “baseless” and an “attempt to score political points”

In response, the NRA called Attorney General James's lawsuit a “baseless, premeditated attack on our organization and the Second Amendment freedoms it fights to defend.”

The organization added that it is “a transparent attempt to score political points and attack the leading voice in opposition to the leftist agenda. This has been a power grab by a political opportunist -- a desperate move that is part of a rank political vendetta.”

The NRA said it will not back down from the legal battle and expressed confidence that it will emerge victoriously. It said, “As evidenced by the lawsuit filed by the NRA today against the NY AG, we not only will not shrink from this fight –- we will confront it and prevail.”

--------------------------------------------------

Have a story you want USA Herald to cover? Submit a tip here and if we think it's newsworthy, we'll follow up on it.

Want guaranteed coverage? We also offer contract journalism here.  Just be sure you're comfortable giving up editorial control, because our journalists are dogged and will follow the story through to it's conclusion. The story will be published to our exacting standards, without regard for your preferred slant.

Want to contribute a story? We also accept article submissions -- check out our writer's guidelines here.

Previous Article

FTC sues online sellers of PPE that falsely promise fast deliveries

Read More
2032 Posts

Marivic Cabural Summers

Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.

Discussion

No comments yet. Be the first to join the discussion!

Don’t Miss It
America September 16, 2026
CLARITY Act Stalls In Senate As Crypto Ethics Fight Deepens
By – Samuel Lopez
America September 15, 2026
NFP Acquires Minnesota’s Moores in Strategic Insurance Expansion
By – Tyler Brooks
America September 15, 2026
Adidas $5M Call Center Breach Sparks Insurance Fight Over Coverage
By – Tyler Brooks
America September 15, 2026
Oracle 6 AM Layoff Email Blindsides Workers Amid AI Spending Surge
By – Rihem Akkouche
America September 15, 2026
Crypto Bill Failed to Clear Senate in Blow to Digital Asset Industry
By – Rihem Akkouche
America September 15, 2026
Grab Holdings to Buy 60% of Atome in $1.49 Billion Fintech Power Play
By – Rihem Akkouche
America September 15, 2026
Electra Therapeutics’ $325M IPO Bets Big on Precision Immune Therapy
By – Rihem Akkouche
America September 15, 2026
Robinhood Engineers Crypto-Futures Insider Charges Reveal…

Some information is meant to sit locked in a company’s…

By – Rihem Akkouche
America September 15, 2026
State Farm Sends Cash Back to…

Key Takeaways State Farm Mutual is distributing a record $5…

By – Samuel Lopez
America September 15, 2026
Why the Pentagon’s Space Weapons Admission…

Key Takeaways The Outer Space Treaty bans nuclear weapons and…

By – Samuel Lopez
America September 15, 2026
Massachusetts AG Joins 21-State Coalition Suing…

Key Takeaways Massachusetts Attorney General Andrea Campbell has joined attorneys…

By – Samuel Lopez
America September 15, 2026
Baldwin Insurance Group Goes Private in…

Key Takeaways Baldwin Insurance Group shares surged nearly 8% after…

By – Samuel Lopez
America September 15, 2026
Pentagon Breaks Decades of Silence, Confirms…

Key Takeaways Air Force Secretary Troy Meink has confirmed, for…

By – Samuel Lopez
America September 15, 2026
Pentagon Breaks Decades of Silence, Confirms…

Key Takeaways Air Force Secretary Troy Meink has confirmed, for…

By – Samuel Lopez
America September 14, 2026
NASA Responds to Presidential Directive, Targeting…

Key Takeaways NASA is moving quickly to design a new…

By – Samuel Lopez
America September 14, 2026
ESA Scientists Can Now Predict Where…

Key Takeaways ESA’s NEO Coordination Centre has built a new…

By – Samuel Lopez
America September 14, 2026
IRS Micro Captive Rules Face Sixth…

Some legal battles don’t end with a single ruling —…

By – Rihem Akkouche
America September 14, 2026
EPA Planet Warming Limits Removal Sparks…

Regulations built over years can sometimes be dismantled in a…

By – Tyler Brooks
America September 14, 2026
Thryv to Sell Print Directories, Betting…

Every company reaches a fork in the road where its…

By – Tyler Brooks
And More September 14, 2026
Sydney Sweeney and Scooter Braun Celebrate…

Sydney Sweeney celebrated her 29th birthday with a public declaration…

By – Jackie Allen
America September 13, 2026
AI Whistleblowers:  Warnings  Coming From Inside…

AI Whistleblowers are increasingly sounding the alarm about the speed…

By – Jackie Allen
America September 13, 2026
Serena Williams’ Daughters Make History as…

Serena Williams has built one of the most decorated careers…

By – Jackie Allen
America September 13, 2026
KJ Biermann Faces Seven Felony Charges…

KJ Biermann, the 15-year-old son of “Real Housewives of Atlanta”…

By – Jackie Allen
America September 13, 2026
Team USA Reaches Women’s Basketball World…

BERLIN — Team USA advanced to the FIBA Women’s Basketball…

By – Jackie Allen
America September 13, 2026
In-House Attorneys’ Group Takes Rival to…

Key Takeaways The Association of Corporate Counsel has filed suit…

By – Samuel Lopez
America September 14, 2026
TMZ Ties Itself to the Hayden…

Key Takeaways TMZ is reporting that law enforcement sources believe…

By – Samuel Lopez
America September 13, 2026
Lawyers Clash Over 12.5% Cut of…

Key Takeaways Class attorneys behind the $2.8 billion Blue Cross…

By – Samuel Lopez
America September 13, 2026
New Mexico Lawyer Fined $5,000 After…

Key Takeaways A New Mexico defense attorney was held in…

By – Samuel Lopez
America September 13, 2026
China Expands Legal Reach Abroad as…

3 Key Takeaways China is expanding laws that can reach…

By – Samuel Lopez
America September 13, 2026
Bayer’s $7.25 Billion Roundup Settlement Faces…

Key Takeaways Bayer’s Monsanto unit will ask a Missouri judge…

By – Samuel Lopez
America September 13, 2026
Tylenol Maker and Pharmacy Chains Ask…

By Samuel López | USA Herald Tylenol maker Kenvue and…

By – Samuel Lopez
America September 13, 2026
Tylenol Maker and Pharmacy Chains Ask…

By Samuel López | USA Herald Tylenol maker Kenvue and…

By – Samuel Lopez
America September 13, 2026
Lawyers Are Getting Burned by AI…

Key Takeaways Courts across the country have been sanctioning lawyers…

By – Samuel Lopez
America September 10, 2026
41% of Lawyers Say Legal Careers…

Key Takeaways More than 41% of surveyed lawyers say the…

By – Samuel Lopez
America September 10, 2026
Anthropic Says It Caught Scientists Trying…

Key Takeaways Anthropic’s newest threat intelligence report details five case…

By – Samuel Lopez
America September 10, 2026
Wrongful Death Lawsuit Against Energy Drink…

Key takeaways The latest reported order paused the family’s lawsuit…

By – Samuel Lopez
America September 9, 2026
Ambient AI Could Be the Next…

Key Takeaways Ambient AI can turn conversations into draft records,…

By – Samuel Lopez
America September 11, 2026
Bears and RB Swift $33.75M Extension…

Sometimes the best deals get done before the clock even…

By – Tyler Brooks
America September 11, 2026
Skywatchers: Moonshadow Creates Dramatic Blood Moon…

A Moonshadow transformed the night sky Aug. 27 as the…

By – Jackie Allen
America September 6, 2026
Travis Kelce-Backed Club Car Wash Faces…

By Samuel López | USA Herald A fast-growing car wash…

By – Samuel Lopez
America September 6, 2026
‘DWTS’ Gleb Savchenko Lists $1.4 Million…

By Samuel López | USA Herald Factual Background Gleb Savchenko…

By – Samuel Lopez
America September 4, 2026
Trump Calls Tiger Woods DUI Plea…

In This Report Tiger Woods accepted reduced charges and surrendered…

By – Samuel Lopez
America September 2, 2026
Clippers Fined $30M as NBA Drops…

A year-long investigation just landed on the Los Angeles Clippers…

By – Rihem Akkouche

No posts found.

No posts found.

Signup for the USA Herald
exclusive Newsletter