In its verdict, the jury found 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.
The panel also found the group’s former CFO Wilson Phillips should pay back $2 million for breaching his fiduciary duties as an executive.
Shortly after the verdict was read, New York Attorney General Letitia James called the jury’s decision against the National Rifle Association and its top executives, a “major victory” in a post on X.
The jury found the NRA was not liable for only one claim, which asked whether LaPierre’s post-employment contract was an improper transaction.
The jury found the New York Attorney General’s Office did not prove the transaction had not received proper approval from the NRA board.
Persons:
Wayne LaPierre, LaPierre, Wilson Phillips, Letitia James, ” James, “ Wayne LaPierre, Christine Cornell
Organizations:
CNN, New York, National Rifle Association, NRA, Court