Alex Jones Files For Bankruptcy After $1.4B Sandy Hook Verdict

HOUSTON, TX — Infowars host Alex Jones has filed for bankruptcy protection weeks after a Connecticut judge ordered him to pay more than $1.4 billion to families of Sandy Hook victims after he promoted false conspiracy theories about the massacre, according to a report.

Jones filed for Chapter 11 protection from creditors with a U.S. bankruptcy court in Houston, Reuters reported, citing a court filing.

According to the filing, Jones has between $1 million and $10 million of assets and between $1 billion and $10 billion of liabilities.

In October, a jury ordered Jones to pay $965 million to the relatives of Sandy Hook Elementary School shooting victims and an FBI agent, who said he turned their loss and trauma into years of torment by promoting lies that the deadliest school shooting in U.S. history never happened and that grieving families seen in news coverage were actors hired as part of a plot to take away people’s guns.

The verdict came in a defamation lawsuit filed by some of the families of 26 people who were killed in the 2012 shooting.

• RELATED: Alex Jones Ordered To Pay $965 Million For Sandy Hook Lies

A month later, Jones was ordered to pay another $473 million, bringing the total judgment against him to a staggering $1.44 billion.

"The record clearly supports the plaintiffs' argument that the defendant's conduct was intentional and malicious, and certain to cause harm by virtue of their infrastructure, ability to spread content, and massive audience including the infowarriors," the judge wrote in a 45-page ruling.

In a separate case, a Texas jury in August ordered Jones to pay the parents of a 6-year-old boy killed in the Sandy Hook shooting $45.2 million in punitive damages and $4.1 million in compensatory damages, according to Reuters.

Jones bashed the Connecticut trial as unfair and an assault on free speech rights. He said he planned to appeal the verdicts.

On his show, Jones called the award "ridiculous" and a "joke" and said he has little money to pay the damages.

"Well, of course I'm laughing at it," he said. "It'd be like if you sent me a bill for a billion dollars in the mail. Oh man, we got you. It's all for psychological effect. It's all the Wizard of Oz ... when they know full well the bankruptcy going on and all the rest of it, that it'll show what I've got and that's it, and I have almost nothing."

The Associated Press contributed to this report.