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  • By The Financial District

Conspiracy Website InfoWars Files For Bankruptcy

The parent of far-right conspiracy website InfoWars filed for US bankruptcy protection on Friday, July 29, 2022, as the company and its founder Alex Jones face up to $150 million in damages in a trial over longstanding falsehoods he perpetuated about the Sandy Hook elementary school massacre, Mike Spector, Dietrich Knauth and Jack Queen reported for Reuters.

Photo Insert: InfoWars founder Alex Jones

The bankruptcy filing by the InfoWars parent, Free Speech Systems LLC, would normally result in the trial and litigation being halted. But Free Speech plans to ask a judge to allow the trial underway in Texas to continue and is seeking an emergency hearing on Monday, according to a court filing.

Nevertheless, Jones and his company could later attempt to use the bankruptcy proceedings, commenced in another Texas court, to limit the size of any damages a jury awards.

A bankruptcy filing by three other InfoWars entities in April proposed $10 million to resolve the litigation, far less than what the Sandy Hook families are seeking. The proposal contemplated legal releases shielding Jones and his company from the lawsuits in exchange for the payment.

The entities that previously declared bankruptcy - InfoW, IW Health and Prison Planet - voluntarily ended their cases in June after the Sandy Hook families dropped them as defendants in the defamation litigation.

All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

Jones was found liable last year in lawsuits Sandy Hook families filed after he falsely claimed that the 2012 school massacre was a hoax. The unusual judgments occurred after Jones defied court orders to turn over documents in the litigation.

The cases were then teed up for trials to determine damages, with the first one now underway in an Austin, Texas courtroom.

Government & politics: Politicians, government officials and delegates standing in front of their country flags in a political event in the financial district.

Jones claimed the shooting, in which 20 children and six school employees were shot dead at the school in Newtown, Connecticut, was fabricated by gun-control advocates and mainstream media. Jones has since acknowledged the shooting happened.

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