NRA complains New York state crackdown is hurting them financially and they may have to shutter some operations
NRA Executive Vice-President Wayne LaPierre. (NBC News)

According to an amended lawsuit that the National Rifle Association has filed against the state of New York, their financial well-being is threatened by adverse influence levied on institutions doing business with them by influential state lawmakers.

The ABA Journals reports that lawyers for the NRA have added to their original lawsuit against the state claiming financial hardship because New York authorities are discouraging banks and insurers from doing business with them.

Blaming New York Governor Andrew Cuomo (D), the NRA said he has bullied outside businesses, resulting in a "concerted efforts to stifle the NRA’s freedom of speech and to retaliate against the NRA based on its viewpoints  causing other insurance, banking, and financial institutions from doing business with the NRA."

The complaint states that such outside influence will make companies, "... rethink their mutually beneficial business relationships with the NRA for fear of monetary sanctions or expensive public investigations."

Based upon loss of income and reluctance of insurers to deal with them, the NRA contends "It has not been able to renew its media liability insurance. If the group cannot secure a policy soon, it could be forced to shutter its multimillion-dollar television network, NRA TV, or a number of its print publications."

Additionally the NRA contends that without insurance, it “cannot maintain its physical premises” or “convene off-site meetings and events.”

You can read the whole report here.