Alex Jones's Infowars, Files for Bankruptcy, Amid Sandy Hook Lawsuits.
Alex Jones's Infowars, Files for Bankruptcy, Amid Sandy Hook Lawsuits.
CBS reports that several companies owned by far-right radio host Alex Jones have filed for Chapter 11 bankruptcy protection.
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The news comes amid several high-profile defamation lawsuits brought against the radio host.
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Chapter 11 bankruptcy allows businesses to continue operating while they prepare a turnaround plan by pausing any pending civil litigations.
Chapter 11 bankruptcy allows businesses to continue operating while they prepare a turnaround plan by pausing any pending civil litigations.
According to court documents, the companies that filed for bankruptcy were:, Infowars, Infowars Health and Prison Planet TV.
According to court documents, the companies that filed for bankruptcy were:, Infowars, Infowars Health and Prison Planet TV.
In the filing, Infowars claims that it has assets of $0 to $50,000 and liabilities of $1,000,001 to $10 million.
Meanwhile, a Connecticut judge has ruled that Jones be reimbursed $75,000 in fines that he had paid for failing to appear at a deposition last month.
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Meanwhile, a Connecticut judge has ruled that Jones be reimbursed $75,000 in fines that he had paid for failing to appear at a deposition last month.
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CBS reports that Jones failed to appear for a deposition in a lawsuit over his claims that the Sandy Hook Elementary School shooting was a hoax.
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CBS reports that Jones failed to appear for a deposition in a lawsuit over his claims that the Sandy Hook Elementary School shooting was a hoax.
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Jones was found liable for damages by a Connecticut court and a trial to determine how much he should pay the families is scheduled to begin in August.
Jones was found liable for damages by a Connecticut court and a trial to determine how much he should pay the families is scheduled to begin in August.
In similar defamation lawsuits in Texas, Jones was also found liable for damages and a trial is scheduled to start in late April.
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In similar defamation lawsuits in Texas, Jones was also found liable for damages and a trial is scheduled to start in late April.
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CBS reports that Jones has since stated that he believes the 2012 Newtown, Connecticut massacre did occur