In an article published by Law360, WilmerHale’s Brian Mahanna, Barbara Kirschten and Meghan Walsh discuss the recent lawsuits brought by the New York Attorney General Letitia James and DC Attorney General Karl Racine against the National Rifle Association and the National Rifle Association Foundation, which allege that these nonprofit organizations had been systematically looted by their directors and officers, in violation of myriad laws governing nonprofits.
The article examines what nonprofits should learn from these and other significant investigations by state attorneys general, which highlight both the core nonprofit governance principles attorneys general frequently seek to vindicate and their willingness to police controversial areas of nonprofit law.
