Alex Jones was struck with default judgements in Connecticut and Texas after failing to hand over financial records. Subsequently, Alex Jones may file for bankruptcy following multiple lawsuits.
After being slapped with many lawsuits relating to statements Jones made during the 2012 Sandy Hook school massacre, restructuring advisers are counseling him on how to proceed.
According to Fortune, which cited an anonymous individual with understanding of the situation, Jones' firms, including Infowars and Free Speech Systems, could file for Chapter 11 bankruptcy, which then would enable them to remain functioning while delaying civil litigation against them.
Jones and his companies last year were found liable (see below) in a defamation lawsuit brought by relatives of children killed in the 2012 Sandy Hook school massacre after Jones called the shootings a hoax. A trial in Connecticut to determine the size of the damages has yet to take place. He was also...