Federal Judge Dismisses NRA Bankruptcy Case

A federal judge dismissed the National Rifle Association's bankruptcy case Tuesday, saying it was not filed in good faith.That means the gun-rights group will have to face a New York state lawsuit accusing it of financial abuses.The NRA's headquarters is in Virginia, but it's incorporated in New York, where it was chartered as a nonprofit in 1871.Top executive Wayne LaPierre acknowledged putting the NRA into Chapter 11 bankruptcy without the signoff of several board members and executives. He pledged in a statement to continue to fight for gun rights.Additional reporting by The Associated Press.

Comments / 13

Published by

New York local video station brings you the latest video updates of big apple.

New York City, NY
741 followers

More from New York Local Video Station

Comments / 0