Alex Jones’s Infowars files for bankruptcy
Infowars, the far-right website created by
Alex Jones, filed for Chapter 11 bankruptcy protection on Sunday as the radio host faces a number of lawsuits.
The website filed for bankruptcy in the U.S. Bankruptcy Court for the Southern District of Texas, according to
multiple sources. Chapter 11 bankruptcy allows companies to continue operating while assembling plans for reorganization. It also pauses civil litigation issues.
Jones is the target of a number of defamation lawsuits connected to comments he made regarding the 2012 mass shooting at Sandy Hook Elementary School in Newtown, Connecticut, in which 20 first graders and six educators were killed.
Jones suggested on Infowars that the shooting was a “hoax” staged by crisis actors in an effort to increase opposition to the Second Amendment.
The far-right host was
found liable for damages in three defamation cases brought by families of the victims of the incident.
Jones offered to settle the lawsuits by paying $120,000 to each plaintiff, but the families
rejected the proposal. A trial determining the damages is set to begin in August.
Infowars’ assets are estimated to be between $0 and $50,000 and its liabilities are estimated to range from $1 million and $10 million, according to bankruptcy filings cited by Reuters.
Two other companies owned by Jones — Infowars Health and Prison Planet TV — also filed for Chapter 11 bankruptcy protection on the Southern District of Texas, according to
CBS News.
Jones is also under scrutiny by the House select committee investigating the Jan. 6, 2021 attack on the Capitol. He was
subpoenaed by the panel in November.
The radio host said he invoked the Fifth Amendment
“almost 100 times” during his remote deposition before the committee.
https://thehill.com/news/media/3271477-alex-joness-inforwars-files-for-bankruptcy/
