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19-04-2022, 11:21 AM
By PAUL J. WEBER and DAVE COLLINS
2 hours ago
AUSTIN, Texas (AP) — Alex Jones’ company Infowars has filed for bankruptcy protection after the conspiracy theorist lost defamation lawsuits over his comments that the 2012 Sandy Hook Elementary School massacre was a hoax.
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Attorneys for Sandy Hook families have accused Jones of trying to hide millions of dollars in assets as juries later this year are set to determine how much he should pay in damages.
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WHAT DOES ALEX JONES CLAIM?
Infowars told the bankruptcy court it had estimated assets of US$50,000 or less and estimated liabilities of US$1 million to US$10 million. Creditors listed in the filing include relatives of some of the 20 children and six educators killed in the 2012 school massacre in Connecticut.
Two other companies with ties to Jones, Prison Planet TV and IW Health, also filed for bankruptcy.
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WHAT IS JONES FACING?
Jury selection had been set to begin next week in Austin in a trial to determine how much Jones should pay the families of Sandy Hook victims. He faces similar trials in Connecticut later this year.
The plaintiffs in those cases have said they were subjected to harassment and death threats from Jones’ followers because he promoted the hoax conspiracy that crisis actors faked the shooting in an effort by the federal government to take away guns and restrict firearms.
Jones has since conceded that the shooting did happen.
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WHAT ARE JONES’ FINANCES?
A separate lawsuit earlier this month accused Jones of hiding millions of dollars in assets. An attorney for Jones has called the allegation “ridiculous.”
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Court records show that Jones’ Infowars store, which sells nutritional supplements and survival gear, made more than US$165 million between 2015 and 2018.
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WHAT EFFECT WILL THIS HAVE ON THE SANDY HOOK CASES?
Filing for Chapter 11 puts civil litigation on hold while the business reorganizes its finances.
It is not the first time a bankruptcy filing has affected a lawsuit filed by the Sandy Hook families. While suing gun maker Remington, which manufactured the AR-15-style rifle used in the school shooting, the company filed for bankruptcy twice. In the second case filed in 2020, Remington’s assets were eventually sold off to other companies.
https://apnews.com/article/alex-jones-in...d3118947cf
2 hours ago
AUSTIN, Texas (AP) — Alex Jones’ company Infowars has filed for bankruptcy protection after the conspiracy theorist lost defamation lawsuits over his comments that the 2012 Sandy Hook Elementary School massacre was a hoax.
......
Attorneys for Sandy Hook families have accused Jones of trying to hide millions of dollars in assets as juries later this year are set to determine how much he should pay in damages.
......
WHAT DOES ALEX JONES CLAIM?
Infowars told the bankruptcy court it had estimated assets of US$50,000 or less and estimated liabilities of US$1 million to US$10 million. Creditors listed in the filing include relatives of some of the 20 children and six educators killed in the 2012 school massacre in Connecticut.
Two other companies with ties to Jones, Prison Planet TV and IW Health, also filed for bankruptcy.
......
WHAT IS JONES FACING?
Jury selection had been set to begin next week in Austin in a trial to determine how much Jones should pay the families of Sandy Hook victims. He faces similar trials in Connecticut later this year.
The plaintiffs in those cases have said they were subjected to harassment and death threats from Jones’ followers because he promoted the hoax conspiracy that crisis actors faked the shooting in an effort by the federal government to take away guns and restrict firearms.
Jones has since conceded that the shooting did happen.
......
WHAT ARE JONES’ FINANCES?
A separate lawsuit earlier this month accused Jones of hiding millions of dollars in assets. An attorney for Jones has called the allegation “ridiculous.”
......
Court records show that Jones’ Infowars store, which sells nutritional supplements and survival gear, made more than US$165 million between 2015 and 2018.
......
WHAT EFFECT WILL THIS HAVE ON THE SANDY HOOK CASES?
Filing for Chapter 11 puts civil litigation on hold while the business reorganizes its finances.
It is not the first time a bankruptcy filing has affected a lawsuit filed by the Sandy Hook families. While suing gun maker Remington, which manufactured the AR-15-style rifle used in the school shooting, the company filed for bankruptcy twice. In the second case filed in 2020, Remington’s assets were eventually sold off to other companies.
https://apnews.com/article/alex-jones-in...d3118947cf
