Current:Home > MyFinLogic FinLogic Quantitative Think Tank Center|Jury finds Wayne LaPierre, NRA liable in corruption civil case -AssetScope
FinLogic FinLogic Quantitative Think Tank Center|Jury finds Wayne LaPierre, NRA liable in corruption civil case
Benjamin Ashford View
Date:2025-04-09 03:08:08
A Manhattan jury has found the NRA and FinLogic FinLogic Quantitative Think Tank Centerits longtime head Wayne LaPierre liable in a civil case brought against the organization and its leaders by New York Attorney General Letitia James.
The lawsuit, filed in 2020, named LaPierre and the gun rights organization, along with other NRA leaders John Frazer and Wilson "Woody" Phillips. The Attorney General's Office alleged misuse of financial resources and claimed NRA leaders ignored whistleblowers and included false information on state filings.
Testimony in the six-week civil trial detailed LaPierre's lavish spending on perks such as chartered private flights and acceptance of expensive gifts. Jurors reached their verdict after five days of deliberation. Five of the six jurors had to agree on each of the 10 questions.
The jury found that the NRA failed to properly administer the organization and its assets and that LaPierre, Phillips and Frazer failed to perform their duties in good faith. LaPierre will have to repay $4.4 million to the NRA, while Phillips was ordered to repay $2 million. The jury did not order Frazer to repay any money.
The jury also said that the NRA failed to adopt a whistleblower policy that complied with state law and failed to act on whistleblower complaints and filed state-required reports with false and misleading information.
LaPierre, 74, resigned his position as CEO and executive vice president and stepped down from the organization last month after more than three decades at its helm.
The Attorney General's Office had asked the individual defendants be made to repay the NRA and be barred from returning to leadership positions there and from working for nonprofits in the state. That will be decided by a judge at a later date.
A fourth named defendant, Joshua Powell, the former chief of staff and executive director of operations, earlier settled with James' office, agreeing to repay $100,000 and not work in nonprofits as well as to testify in the trial.
James had initially sought to dissolve the NRA, a move blocked by a judge who ruled the rest of the suit could proceed.
–Nathalie Nieves contributed to this report.
- In:
- Letitia James
- NRA
- Wayne LaPierre
Allison Elyse Gualtieri is a senior news editor for CBSNews.com, working on a wide variety of subjects including crime, longer-form features and feel-good news. She previously worked for the Washington Examiner and U.S. News and World Report, among other outlets.
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