Not really true, This party is still going, some embedded leaders of Reform Party tried to bancrupt it, so many of the states broke off or disaffiliated from the Reform Party to create the America First Party so not to get involved with huge debt owed by the Reform Party.
If the party was not financially sabotaged from within, probably by both Republican and Democrat operatives, it would still be going today. At the time, the Reform Party was the third biggest political party in the United States. It wasn't until after Pat Buchanan ran for President on the ticket, and the Buchanan brigade took over the party that the entrenched leaders began to take money from the party to leave nothing for the new leadership, but a big multi-million dollar debt. So seeing this, many (most) of the state parties then diss affiliated from the Reform party to form the America First Party. BTW Nader was never part of the Reform Party.
Just a note