Facing Huge Sandy Hook Settlement, Infowars Files For Bankruptcy

NEWTOWN, CT — Alex Jones and his Infowars media empire filed for Chapter 11 bankruptcy protection over the weekend, as the conspiracy theorist faces millions of dollars worth of liability after losing defamation lawsuits from families of Sandy Hook victims, reported Axios.

By filing for bankruptcy, Jones delays the civil cases as Jones's company reorganizes. The filings in Texas, where Jones lives and Infowars is located, claim assets of $50,000 against potential liability of $10 million, reported ABC News.

Jones was sued by several families of victims of the December 2012 mass shooting at Sandy Hook Elementary School, where 20 students and six educators were killed. He had claimed the massacre was a hoax, but he later changed his view and said the killings were real.

An attorney for the Sandy Hook families, Christopher Mattei, called the bankruptcy filing another of Jones's delay tactics, but that Jones eventually will be held accountable, ABC News reported.

Read the Axios story; read the ABC News story.