A breakthrough settlement has been reached between families suing Alex Jones over his false Sandy Hook claims, putting the embattled conspiracy theorist’s bankruptcy proceedings back on track. The agreement, presented at a Houston court hearing, resolves the long-standing dispute over how to divide Jones’ assets and paves the way for a new auction of his Infowars platform.
Jones, the founder of Infowars, has been at the center of a legal storm after repeatedly claiming the 2012 Sandy Hook school shooting was a hoax. These false accusations targeted the families of the victims, leading to lawsuits across multiple states. Jones’ bankruptcy in 2022 complicated the matter further, with the families divided on how best to handle his assets. While the Texas families sought a larger cash settlement, Connecticut-based families focused on dismantling Infowars itself.
Earlier attempts to auction Infowars fell apart due to these disagreements. The trustee overseeing Jones’ bankruptcy had planned to sell the platform to The Onion, a satirical news site, for $1.75 million, with Connecticut families supporting the deal. However, the judge overseeing the case blocked the sale, claiming the trustee had undervalued the company by not exploring other potential buyers.
Now, the new agreement gives the Texas families $4 million upfront, with an additional 25% of future sales proceeds. Connecticut families, whose judgments were much larger, will take the remaining 75%. The Texas families have agreed to step back from the bankruptcy process and support the Connecticut families moving forward.
“This is a milestone moment, uniting both families in a common cause,” said Kyle Kimpler, an attorney for the Connecticut families. Texas families’ attorney, Avi Moshenberg, echoed this sentiment, affirming the new unity.
The Connecticut families had received the largest judgments in Jones’ bankruptcy, with courts awarding them $1.3 billion. In contrast, the Texas families received $50 million, with additional cases stalled by Jones’ bankruptcy. As the case progresses, the bankruptcy trustee has received new bids, including one from a company linked to Jones’ supplement business, for more than double the previous offer.
A new auction is expected to take place soon, with Jones’ fate hanging on the outcome of these legal proceedings.
