As Contributing Writer Jake Fogleman and I discuss, the top-line takeaways are not good for the gun-rights group's current and former leadership. The jury determined the NRA failed to properly safeguard its charitable assets or protect numerous whistle-blowers. It also found Wayne LaPierre diverted millions of dollars worth of NRA funds toward his personal expenses, which he will likely be forced to pay back.

The ruling leaves the nation's largest gun group facing down the potential that Judge Joel Cohen could appoint financial and compliance overseers. That could wipe out the leadership that's taken the NRA down this road in the first place. For the former leaders, such as LaPierre and once-treasurer Woody Phillips, they face the potential of bankruptcy as the jury found they collectively owe upwards of $6 million to the members they stole from.

Plus, lawyer Anna Barvir-Boone explains why a new step in the California gun case she's working on could signal a change of course for the Ninth Circuit. There's reason to think gun-rights cases could face less onerous legal fights on appeal in the future in the nation's most liberal circuit.

Special Guest: Anna Barvir-Boone.