Tag Archives: wayne-lapierre

The NRA Is Selling Off Assets As It Bleeds Cash

WASHINGTON — The National Rifle Association is liquidating investments as it bleeds cash amid legal turmoil, internal tumult, and dwindling membership revenue, according to an independent audit reviewed by Rolling Stone. In February, the NRA liquidated nearly $17 million worth of stocks and fixed-income assets from its investment portfolio and …

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Longtime NRA Chief Resigns Ahead of Corruption Trial

Longtime National Rifle Association leader Wayne LaPierre has announced that he will resign from the organization days before the organization is scheduled to stand trial on civil corruption charges in New York. “The National Rifle Association of America (NRA) announced today that Executive Vice President Wayne LaPierre announced he is …

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NRA to Declare Bankruptcy, Reorganize in Texas

The embattled National Rifle Association is seeking an exit from its financial and legal woes by declaring bankruptcy, with a plan to reorganize in the state of Texas. In a statement to reporters on Friday, NRA CEO Wayne LaPierre said the NRA had reached a “transformational moment” and that a …

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