Alex Jones’ Infowars, 2 Other Companies File for Bankruptcy Amid Lawsuits
Alex Jones's Infowars and two other companies owned by him have filed for bankruptcy amid several defamation lawsuits; what will happen to the famed radio personality?
According to CBS News, the bankruptcy was filed in the U.S. Bankruptcy Court for the Southern District of Texas.
It appears that the future is uncertain for Jones as his businesses will have to prepare a turnaround plan; however, the companies will keep running amid the bankruptcy.
Per documents obtained by the outlet, the other two companies that filed were IWHealth (Infowars Health) and Prison Planet TV.
The company says it has assets of up to $50,000 and liabilities of $1,000,001 to $10,000,000.
In a separate case regarding his Sandy Hook Elementary School shooting claims last month, a judge has ruled that Jones get back $75,000 he paid to a Connecticut court for failing to appear at a deposition.
Jones was criticized for asserting that the infamous shooting incident was a hoax.
Relatives of some of the 20 children and six educators killed in 2012 filed a defamation lawsuit against the radio personality, claiming that they've been harassed and received death threats from Jones' followers.
A judge found the conspiracy theorist liable for damages, and a trial on how much he should compensate for the families is set later this year.
In addition, similar defamation lawsuits by victims' relatives in Texas also found Jones liable for damages. A trial is set to start later this April.
A Waterbury, Connecticut, judge ordered the return of money as the radio host appeared at a rescheduled deposition. The fines were aimed to make sure Jones appeared for questioning.
The reason why the host missed the March 23 and 24 deposition in Austin, Texas, is because of a medical condition.
Jones claims that his doctors initially thought he had a serious heart issue, but it was determined to be a sinus infection.
However, the judge said there was not enough evidence to prove that he was sick to attend the deposition.
He was able to attend a deposition on April 5 and 6 in Bridgeport. In total, he paid $25,000 for the daily fine of April 1 and another $50,000 for April 4.
At the time of this writing, a lawyer for Sandy Hook Elementary School victims' families has not publicly reacted on the matter.
