Legalcorporate Mismanagement News

"NRA's Wayne LaPierre Found Liable for Financial Mismanagement in Civil Corruption Trial"

A jury found former NRA chief Wayne LaPierre liable for mismanaging the organization and recommended he repay $4.35 million, while former treasurer Wilson Phillips should repay $2 million. The civil corruption case, brought by New York Attorney General Letitia James, accused top executives of diverting millions for personal luxuries. LaPierre, who resigned in January after 32 years, admitted to not disclosing vacations with a Hollywood producer while the NRA paid higher fees to a company the producer owned. The NRA, struggling with declining revenue and membership, plans to appeal the verdict.