Alex Jones Seeks to Liquidate His Assets to Pay Damages to Sandy Hook Families

But money to the families would fall far short of the more than $1.4 billion they were awarded by juries for Mr. Jones’s lies about the 2012 school massacre.

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Alex Jones Seeks to Liquidate His Assets to Pay Damages to Sandy Hook Families | INFBusiness.com

Alex Jones leaving a courthouse in Waterbury, Conn., in 2022.

The Infowars conspiracy theorist Alex Jones is seeking permission from a bankruptcy court to liquidate his personal assets and deliver the proceeds to the Sandy Hook families who are owed more than $1.4 billion in damages for his lies about the 2012 school shooting.

Mr. Jones also filed a separate bankruptcy for his company, Free Speech Systems, and in a hearing next Friday a judge is to rule whether the company will also be liquidated, an outcome favored by a majority of the families. That would shutter Infowars, effective the day of the ruling. It would also place assets from Infowars’ studios and potentially Mr. Jones’s popular social media accounts in control of the families.

Silencing Mr. Jones, who for years has broadcast lies ranging from denying the Sandy Hook shooting to denying the results of the 2020 election, would be a definitive win for the families.

“For too long, Alex Jones has profited from the lies and fear that he peddles every day on Infowars, his corrupt business platform,” said Chris Mattei, a lawyer for the families who sued Mr. Jones in Connecticut. “The Connecticut families, driven by the principle that Jones must not be allowed to hurt or profit from the pain of others, are now on the brink of stripping him of his ability to inflict mass harm.”

The financial outcome for the families is far less certain. It will likely be years, if ever, before they receive any meaningful share of the financial damages they won.

Mr. Jones’s personal and company financial assets combined are worth $10 million to $12 million, nowhere near the more than $1.4 billion juries in Texas and Connecticut awarded the families in late 2022.

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Source: nytimes.com

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