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Top related persons:
Alex Jones - 1 Sandy Hook - 1 Jones - 1 ” Avi Moshenberg - 1 ” Chris Mattei - 1
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☆ Alex Jones agrees to liquidate his assets to pay Sandy Hook families, in move that would end his ownership of Infowars
  + stars: | 2024-06-06 | by ( Oliver Darcy | ) edition.cnn.com   time to read: +2 min
CNN —Right-wing conspiracy theorist Alex Jones on Thursday moved to liquidate his personal assets, agreeing to demands from the families of Sandy Hook victims whom he owes more than $1.5 billion in damages over his lies about the 2012 school massacre. Jones technically has not controlled the Infowars business for some time, given that Free Speech Systems has also filed for bankruptcy protection. A hearing is scheduled for next Friday to determine the fate of Free Speech Systems’ bankruptcy. But regardless of what happens in that case, Thursday’s legal move sets the stage for a court-appointed trustee to liquidate Jones’ personal assets, which includes his stake in Infowars. The liquidation of Jones’ assets does not mean that Infowars will cease to exist.
Persons: Alex Jones, Sandy Hook, Jones, ” Avi Moshenberg, ” Chris Mattei Organizations: CNN, Systems Locations: Connecticut, Texas, Infowars
☆ Alex Jones faces long odds hiding assets after $1 billion Sandy Hook verdict
  + stars: | 2022-10-14 | by ( Jack Queen | ) www.reuters.com   time to read: +5 min
It also comes three months after a Texas jury awarded two Sandy Hook parents $49.3 million in a similar case. An economist in the Texas case estimated that Jones is personally worth between $135 million and $270 million. “No bankruptcy judge would allow Alex Jones and his dad to stand in line in front of the plaintiffs,” Myers said. 'EGREGIOUS' CONDUCTInfowars founder Alex Jones speaks to the media after appearing at his Sandy Hook defamation trial at Connecticut Superior Court in Waterbury, Connecticut, U.S., October 4, 2022. D’Amico said a billion-dollar verdict is appropriate given the uniquely tragic circumstances of the case and egregious nature of Jones’ conduct.
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