Share this @internewscast.com

Sandy Hook families who won nearly $1.5 billion in legal judgments against conspiracy theorist Alex Jones for calling the 2012 Connecticut school shooting a hoax have offered to settle that debt for only pennies on the dollar — at least $85 million over 10 years.

The offer was made in Jones’ personal bankruptcy case in Houston last week. In a legal filing, lawyers for the families said they believed the proposal was a viable way to help resolve the bankruptcy reorganization cases of both Jones and his company, Free Speech Systems.

But in the sharply worded document, the attorneys continued to accuse the Infowars host of failing to curb his personal spending and “extravagant lifestyle,” failing to preserve the value of his holdings, refusing to sell assets and failing to produce certain financial documents.

“Jones has failed in every way to serve as the fiduciary mandated by the Bankruptcy Code in exchange for the breathing spell he has enjoyed for almost a year. His time is up,” lawyers for the Sandy Hook families wrote.

The families’ lawyers offered Jones two options: either liquidate his estate and give the proceeds to creditors, or pay them at least $8.5 million a year for 10 years — plus 50% of any income over $9 million per year.

During a court hearing in Houston, Jones’ personal bankruptcy lawyer, Vickie Driver, suggested Monday that the $85 million, 10-year settlement offer was too high and unrealistic for Jones to pay.

“There are no financials that will ever show that Mr. Jones ever made that … in 10 years,” she said.

In a new bankruptcy plan filed on Nov. 18, Free Speech Systems said it could afford to pay creditors about $4 million a year, down from an estimate earlier this year of $7 million to $10 million annually. The company said it expected to make about $19.2 million next year from selling the dietary supplements, clothing and other merchandise Jones promotes on his shows, while operating expenses including salaries would total about $14.3 million.

Personally, Jones listed about $13 million in total assets in his most recent financial statements filed with the bankruptcy court, including about $856,000 in various bank accounts.

Under the bankruptcy case orders, Jones had been receiving a salary of $20,000 every two weeks, or $520,000 a year. But this month, a court-appointed restructuring officer upped Jones’ pay to about $57,700 biweekly, or $1.5 million a year, saying he has been “grossly” underpaid for how vital he is to the media company.

Bankruptcy Judge Christopher Lopez on Monday rejected the $1.5 million salary, saying the pay raise didn’t appear to have been made properly under bankruptcy laws and a hearing needed to be held.

If Jones doesn’t accept the families’ offer, Lopez would determine how much he would pay the families and other creditors.

After 20 children and six educators were killed by a gunman at Sandy Hook Elementary School in Newtown, Connecticut, in 2012, Jones repeatedly said on his show that the shooting never happened and was staged in an effort to tighten gun laws.

Relatives, of many but not all, of the Sandy Hook victims sued Jones in Connecticut and Texas, winning nearly $1.5 billion in judgments against him. In October, Lopez ruled that Jones could not use bankruptcy protection to avoid paying more than $1.1 billon of that debt.

Relatives of the school shooting victims testified at the trials about being harassed and threatened by Jones’ believers, who sent threats and even confronted the grieving families in person, accusing them of being “crisis actors” whose children never existed.

Jones is appealing the judgments, saying he didn’t get fair trials and his speech was protected by the First Amendment.

Share this @internewscast.com
You May Also Like
Trump announces Israel agrees to Gaza 'initial withdrawal line' as '3,000 year catastrophe' nears end

Trump Reports Israel’s Agreement to Establish “Initial Withdrawal Line” in Gaza as “3,000-Year Conflict” Approaches Resolution

President Donald Trump on Saturday announced Israel has agreed to the “initial…
Heroes, zeros of Yankees-Blue Jays Game 1: Giancarlo Stanton struggles

Highlights and Low Points of Yankees vs. Blue Jays Game 1: Giancarlo Stanton’s Tough Performance

Heroes and zeros from the Yankees’ 10-1 loss to the Blue Jays…
Brazil methanol poisonings top 120 cases after deadly tainted liquor fuels nationwide panic

Over 120 Poisoning Cases in Brazil Due to Contaminated Liquor, Sparking Nationwide Alarm

Brazil’s Health Ministry is advising people to refrain from consuming cocktails after…
Nearly 3.9 million more pounds of corn dogs recalled over contamination issue

Additional 3.9 Million Pounds of Corn Dogs Recalled Due to Contamination Concerns

The original recall, issued last week, included nearly 60 million pounds of…
Iryna Zarutska: 911 calls released in deadly Charlotte light rail stabbing

Iryna Zarutska: 911 Recordings Made Public Following Fatal Stabbing on Charlotte Light Rail

Newly released 911 calls detail the chaotic moments after Ukrainian refugee Iryna…
Prosecutors plan to 'dirty up' Kirk suspect Tyler Robinson to sway jury toward death penalty: fmr US atty

Former US Attorney Claims Prosecutors Aim to Tarnish Tyler Robinson’s Image to Influence Jury Toward Death Penalty

Tyler Robinson’s motive for why he allegedly assassinated TPUSA founder Charlie Kirk…
'Terrified, traumatized': 12-year-old boy arrested while riding his bicycle

‘Frightened and Shaken’: 12-Year-Old Boy Detained While Cycling

CHARLOTTE, N.C. (WJZY) – A North Carolina mother says her 12-year-old son…
Judge blocks Trump policy to detain migrant children turning 18 in adult facilities

Judge Halts Trump’s Policy of Holding 18-Year-Old Migrant Children in Adult Detention Facilities

A federal judge has temporarily halted a new policy from the Trump…
Trump administration offers teen migrants $2,500 to leave US voluntarily: reports

Reports: Teen Migrants Offered $2,500 to Voluntarily Leave US by Trump Administration

The Trump administration is currently offering teen migrants a $2,500 stipend to…
Man dies from gunshot wounds after Jacksonville shooting

Jacksonville Shooting: Man Fatally Injured by Gunshots

Detectives with the JSO Homicide Unit and the Crime Scene Unit are…
Trial for FSU shooting suspect postponed till 2026

FSU Shooting Suspect’s Trial Delayed to 2026

Phoenix Ikner’s court-appointed public defender recently bowed out of the case, citing…
Slain student’s grieving dad vows action after repeat offender allegedly murdered daughter

Grieving Father of Slain Student Pledges Action After Repeat Offender is Accused of Murder

A grieving father’s anguished words in Washington have put a spotlight on…