Alex Jones using bankruptcy to avoid payouts, Sandy Hook families allege
Sandy Hook families have asked a federal judge to remove InfoWars founder Alex Jones from control of his main company, alleging that Jones has siphoned off millions of dollars and is abusing the bankruptcy system to avoid paying court judgments for portraying the 2012 school shooting as a hoax.
Jones placed Free Speech Systems into bankruptcy in late July while he was in the middle of an Austin trial that ended with jurors awarding almost $50 million to the parents of 6-year-old Jesse Lewis, one of 20 children and six educators killed at Sandy Hook Elementary School in Newtown, Conn.
Sued by other Sandy Hook families, Jones and Free Speech Systems are facing a similar trial this month in Connecticut and another trial later this year in Austin.
With potentially large jury awards looming, bankruptcy proceedings for Free Speech Systems — which reported $9.4 million in profits on $14.3 million in income in the first five months of this year — could determine how much money the Sandy Hook families receive, as well as the continued viability of Jones' Austin-based InfoWars media system.
Read more: https://www.statesman.com/story/news/local/2022/09/03/sandy-hook-families-alex-jones-using-bankruptcy-to-avoid-payouts/65458069007/
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