Sandy Hook families who won nearly $1.5 billion in legal judgments against conspiracy theorist Alex Jones for calling the 2012 Connecticut school shooting a hoax have offered to settle that debt for only pennies on the dollar — at least $85 million over 10 years.
His time is up," lawyers for the Sandy Hook families wrote.
But this month, a court-appointed restructuring officer upped Jones' pay to about $57,700 biweekly, or $1.5 million a year, saying he has been “grossly” underpaid for how vital he is to the media company.
If Jones doesn't accept the families' offer, Lopez would determine how much he would pay the families and other creditors.
Relatives, of many but not all, of the Sandy Hook victims sued Jones in Connecticut and Texas, winning nearly $1.5 billion in judgments against him.
Persons:
Sandy Hook, Alex Jones, Jones, “ Jones, Vickie Driver, ”, Christopher Lopez, Lopez, Jones ’
Organizations:
Free Speech Systems, Speech Systems, Monday, Sandy Hook Elementary
Locations:
Connecticut, Houston, Sandy, Newtown , Connecticut, Texas