On Sunday, InfoWars and two other companies founded by Alex Jones filed for bankruptcy in the face of ongoing defamation lawsuits.
Alex Jones needs little introduction. As the host of “The Alex Jones Show,” an internet-based broadcast, and the publisher of the InfoWars website, Jones has made a name for himself as something of a social gadfly and persistent thorn in the side of the federal government. Most would say he’s a promoter and purveyor of conspiracy theories, something that’s gotten him in trouble on more than one occasion.
In 2012, Jones perhaps went too far in his wild and sometimes unsubstantiated claims—declaring, in this instance, that the mass shooting at the Sandy Hook Elementary School in Newtown, Connecticut, was actually a hoax, a false flag operation staged by “crisis actors” with the intent to gin up opposition to the Second Amendment. The families of the victims of the Sandy Hook shooting, which included twenty children and six teachers, filed defamation charges against Jones in three separate cases, which found Jones liable for damages.
Last month, Jones offered to settle the lawsuits with a payment of $120,000 to each of the plaintiffs, but the settlement was rejected by the families.
“The so-called offer is a transparent and desperate attempt by Alex Jones to escape a public reckoning under oath with his deceitful, profit-driven campaign against the plaintiffs and the memory of their loved ones lost at Sandy Hook,” the families said at the time in a joint statement.
The trial to determine what damages are owed is set to begin in August. Jones was judged guilty by default in four of the lawsuits, since he was unwilling to hand over certain documents requested by the court, after accruing mounting fines as a result of not appearing for his depositions.
“The court finds by clear and convincing evidence that the defendant, Alex Jones, willfully and in bad faith violated without justification several clear court orders requiring his attendance at his depositions,” Judge Barbara Bellis, who presided over the cases, declared late last month. Jones was assessed a $25,000 fine for each weekday he failed to appear for the depositions.
Now comes news that InfoWars, along with two of Jones’ other companies—IW (InfoWars) Health and Prison Planet TV—have filed for Chapter 11 bankruptcy protection in the US Bankruptcy Court for the Southern District of Texas. Chapter 11 bankruptcy proceedings would halt the civil litigation, giving the companies time to continue operations while drawing up plans to reorganize and restructure their finances.
According to the Washington Examiner, InfoWars’ assets are estimated to be less than $50,000, with liabilities now ranging from $1-10 million.
And that’s not the end of Jones’ problems. In November, he was subpoenaed by that some consider a congressional kangaroo court investigating the January 6 protests at the Capitol, during which he invoked the Fifth Amendment “almost 100 times.”
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