Jun 7, 2024, 3:00 AM
Jun 3, 2024, 8:55 AM

Sandy Hook families seek Alex Jones' media company liquidation in bankruptcy

Tragic
Highlights
  • Relatives of Sandy Hook shooting victims request bankruptcy court to liquidate Alex Jones' media company.
  • The families oppose Jones' reorganization plan and push for complete dissolution of the company.
  • Legal battle intensifies between Sandy Hook families and conspiracy theorist Alex Jones.
Story

Jones and his company, Free Speech Systems, had money problems after losing lawsuits and being told to pay $1.5 billion to Sandy Hook victims' families. Jones thought his shows would be shut down, but that didn't happen. He was having arguments with a person in charge of his company and a company that gives him products to sell. They couldn't agree on how to fix the money issues. If they can't agree, Jones might have to sell most of his things to pay his debts, but he can keep some things that can't be taken away. The money from selling his things would go to the people he owes money to, including the Sandy Hook families. Some of the Sandy Hook families sued Jones and won. They said they were hurt by what Jones said and did. Jones has about $9 million in things, including his house, and his company has about $4 million in cash. The judge will decide on June 14 what will happen to Jones and his company's things.

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