Alex Jones Files For Chapter 11 Bankruptcy

Alex Jones Files For Chapter 11 Bankruptcy

Share to Linkedin Alex Jones filed for Chapter 11 bankruptcy Friday, according to filings in the U. S. Bankruptcy Court for the Southern District of Texas, just over one week after he was ordered to pay $45 million for spreading conspiracy theories about the Sandy Hook Elementary School shooting, bringing the total damages he's been ordered to pay in recent months to well over $1 billion. Jones filed for bankruptcy after being ordered to pay nearly $1. 5 billion in damages. In his filing, Jones estimated his assets to be worth between $1 million and $10 million and his liabilities—money owed by court order or debts—between $1 billion and $10 billion. Jones noted his affiliation to his far-right media company, Free Speech Systems, which filed for bankruptcy in April with $14. 3 million in assets and $79. 2 million in debts. A jury in Waterbury, Connecticut, also ruled against him, awarding the families of eight Sandy Hook victims $965 million in compensatory damages in October before adding on $473 million in November. In a separate defamation lawsuit, a Texas judge ruled that Jones must pay $45. 1 million in punitive damages in addition to $4. 1 million compensatory damages to