

Please try another search
By Dietrich Knauth
(Reuters) - Conspiracy theorist Alex Jones on Wednesday said he has less than $12 million of the $1.5 billion he owes the families of Sandy Hook school shooting victims, but they immediately questioned the accuracy of his statements.
In the first hearing of Jones' bankruptcy in a Houston court, his attorney Vickie Driver said Jones wanted to settle with the Sandy Hook families. They won $1.5 billion in defamation trials over Jones' lies about the 2012 school shooting.
Jones said in a court filing that it would be "functionally impossible" for him to pay the defamation verdicts in full.
David Zensky, an attorney for the Sandy Hook families, said Jones lied for years about the Sandy Hook shooting and concealed information about his companies InfoWars and Free Speech Systems. He questioned whether Jones would fully disclose his finances.
"We're here because Mr. Jones's stock in trade is lies, not truth," Zensky said at the hearing.
Jones said in court filings that he needs more time to file detailed financial reports because his personal finances are "somewhat disorganized." Jones also said that he would not "give up his public life, or discontinue public discourse" as part of a bankruptcy settlement.
Jones did not appear at Wednesday's hearing.
Jones claimed for years that the 2012 killing of 20 students and six staff members at Sandy Hook Elementary School in Newtown, Connecticut was staged as part of a government plot to seize Americans’ guns. He has since acknowledged the shooting occurred, but plaintiffs said Jones cashed in for years off his lies about the massacre.
Jones filed for Chapter 11 protection from creditors on Dec. 2. InfoWars' parent company, Free Speech Systems, which is owned by Jones, filed for bankruptcy in July, before courts in Texas and Connecticut determined the amount of Jones' liability for the Sandy Hook defamation claims.
Jones has said that he will appeal the Sandy Hook verdicts if he is unable to reach a settlement in bankruptcy.
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.