NRA Prevails In Legal Action Initiated By New York State

“This agreement is a resounding win for the NRA and the members it serves.”

This legal action was BIG news in the mainstream media when initiated by the State of New York. The matter has been resolved without so much as a whispered mention.

NRA Favorably Resolves Insurance Dispute with New York State Department of Financial Services

November 18, 2020 — The NRA announced today that it has successfully resolved an insurance investigation of the Association by the New York State Department of Financial Services (DFS), New York’s banking and insurance regulatory agency.  

On November 17, 2020, the NRA entered into a settlement with the DFS relating to its affinity-insurance inquiry. The NRA resolved this matter without any admission by the Association of any misconduct on its part. Importantly, no NRA money is being used to fund the payment to DFS.

“We believe this agreement is a resounding win for the NRA and the members it serves,” says William A. Brewer III, counsel to the NRA. “The DFS inquiry, which began with a roar, ends with a whimper. Not a penny of NRA money will directly or indirectly fund this settlement, and the settlement has no adverse impact on the NRA’s legal cases in the State of New York. Those important cases are moving forward as planned.”

DFS launched an inquiry into Carry Guard and other affinity insurance programs in 2017. Then the State regulator sought to impose penalties in excess of $30 million.

As a Consent Order recognizes, the NRA relied upon insurance-industry experts to underwrite, sell and administer the insurance programs that were the basis of these proceedings. The settlement also signals the DFS’s withdrawal of unfair trade practices. The NRA notes that it supported certain insurance programs because gun owners wanted them, and never misled its members.

This agreement has no bearing on the Association’s ability to procure insurance for its own corporate operations.

Although this settlement resolves DFS’s claims against the NRA, the NRA’s claims against DFS – along with New York Governor Andrew Cuomo, former DFS Superintendent Maria Vullo, and New York Attorney General Letitia James – are unaffected. The Association will continue to advance these legal matters in the interest of its members and our Constitution. 

NRA Fights Back – Files counter suit against NY Attorney General

Thursday, August 6th, NY Attorney General Letitia James held a press conference announcing that she was taking down “dissolving” the NRA.” The anti-gun media has rushed to spread her message.
 
Please read the following.
 
1.) NRA President Carolyn Meadows’ statement.

“This was a baseless, premeditated attack on our organization and the Second Amendment freedoms it fights to defend,” says NRA President Carolyn Meadows. “You could have set your watch by it:  the investigation was going to reach its crescendo as we move into the 2020 election cycle. It’s 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. Our members won’t be intimidated or bullied in their defense of political and constitutional freedom.”

Meadows added, “As evidenced by the lawsuit filed by the NRA today against the NYAG, we not only will not shrink from this fight – we will confront it and prevail.”
 
2.)  NRA’s Lawsuit FiIed Thursday, August 6, 2020 CLICK HERE:

Do not let this action financially cripple the NRA. The NRA is targeted because it is the most effective organization defending the 2nd Amendment.

Renew or increase your NRA membership today!

See special ‘Distinguished Life Member‘ offer below for those 65 years of age and older.

If you do not want the monthly magazine, we can sign you up for as little as $10 for a one year NRA membership.

One Year $10 Official NRA Membership

This $10 membership does not include monthly publication

$10.00

One Year Regular Official NRA Membership

1 year official NRA membership. Includes official NRA monthly publication.

$35.00

3 Year Official NRA Membership

3 year official NRA membership. Includes official NRA monthly publication.

$85.00

5 year official NRA membership.

5 year official NRA membership. Includes official NRA monthly publication

$125.00

Official NRA Lifetime Distinguished Membership

Must be 65 years of age or older. One time payment Official NRA Distinguished Lifetime Membership. Includes official NRA monthly publication and all other membership benefits,

$600.00

Official NRA Lifetime Membership

Official NRA Lifetime Membership. Includes official NRA monthly publication and all other membership benefits,

$1,000.00

.

New York Attorney General’s Goal: Abolish the NRA

Renew or increase your NRA membership today!

Letitia Ann “Tish” James is an American lawyer, activist, and politician. She is a member of the Democratic Party, and is the Attorney General of New York having won the 2018 election to succeed appointed attorney general Barbara Underwood.  

https://www.npr.org/2020/08/06/899712823/new-york-attorney-general-moves-to-dissolve-the-nra-after-fraud-investigation  

The attorney general of New York took action Thursday to dissolve the National Rifle Association following an 18-month investigation that found evidence the powerful gun rights group is “fraught with fraud and abuse.”

Attorney General Letitia James claims in a lawsuit filed Thursday that she found financial misconduct in the millions of dollars and that it contributed to a loss of more than $64 million over a three-year period.

The suit alleges that top NRA executives misused charitable funds for personal gain, awarded contracts to friends and family members, and provided contracts to former employees to ensure loyalty.

Seeking to dissolve the NRA is the most aggressive sanction James could have sought against the not-for-profit organization, which James has jurisdiction over because it is registered in New York. James has a wide range of authorities relating to nonprofits in the state, including the authority to force organizations to cease operations or dissolve. The NRA is all but certain to contest it.

“The NRA’s influence has been so powerful that the organization went unchecked for decades while top executives funneled millions into their own pockets,” James said in a statement. “The NRA is fraught with fraud and abuse, which is why, today, we seek to dissolve the NRA, because no organization is above the law.”

Secret Recording Reveals NRA’s Legal Troubles Have Cost The Organization $100 Million

The lawsuit seeks to dissolve the NRA in its entirety and asks the court to order LaPierre and other current and former executives to pay back unlawful profits. It also seeks to remove LaPierre and Frazer from the organization’s leadership and prevent the four named individuals from ever serving again on the board of a charity in New York.

The New York attorney general did not allege that NRA general counsel John Frazer committed financial misconduct, but said that he failed to comply with board governance procedures, failed to ensure the NRA was in compliance with whistleblower laws and repeatedly certified false or misleading annual statements by the NRA.

The turmoil at the NRA also could have political ramifications ahead of the 2020 elections. The NRA spent tens of millions of dollars in 2016 to support then-candidate Donald Trump — a role it appears it will be unlikely to be able to repeat given its current financial condition.

Do not let this action financially cripple the NRA. The NRA is targeted because it is the most effective organization defending our 2nd Amendment right.

Renew or increase your NRA membership today!

See special ‘Distinguished Life Member‘ offer below for those 65 years of age and older.

If you do not want the monthly magazine, we can sign you up for as little as $10 for a one year NRA membership.

One Year $10 Official NRA Membership

This $10 membership does not include monthly publication

$10.00

One Year Regular Official NRA Membership

1 year official NRA membership. Includes official NRA monthly publication.

$35.00

3 Year Official NRA Membership

3 year official NRA membership. Includes official NRA monthly publication.

$85.00

5 year official NRA membership.

5 year official NRA membership. Includes official NRA monthly publication

$125.00

Official NRA Lifetime Distinguished Membership

Must be 65 years of age or older. One time payment Official NRA Distinguished Lifetime Membership. Includes official NRA monthly publication and all other membership benefits,

$600.00

Official NRA Lifetime Membership

Official NRA Lifetime Membership. Includes official NRA monthly publication and all other membership benefits,

$1,000.00