Right-wing conspiracy outlet Infowars files for bankruptcy as founder Alex Jones faces defamation lawsuits
The move, which could stay civil lawsuits against the companies, comes after Jones was found legally liable for damages in three defamation lawsuits related to false allegations he made about the Sandy Hook mass shooting in 2012.
“Alex Jones is only delaying the inevitable: a public trial in which he will be held accountable for his for-profit campaign of lies against the Sandy Hook families who filed this lawsuit,” Mattei said in a statement.
Documents filed Sunday in U.S. Bankruptcy Court for the Southern District of Texas sought bankruptcy protection for Infowars and Prison Planet, another of Jones’ right-wing outlets. Jones also filed for bankruptcy protection for Infowars Health, the store from which Jones sold nutritional supplements and other products. The type of bankruptcy filing for the business is one that could allow it to stay in business. Many businesses have used bankruptcy to continue operating while getting rid of debt and other debt they cannot afford, including legal judgments in some cases.
The Infowars store was particularly lucrative. In a 2019 deposition, Jones’ father, who operated much of the business, estimated that “something like 80%” of revenue “probably” came from sales of Infowars stores. Citing court documents, the Huffington Post reported in 2022 that over a three-year period from 2015 to 2018, the Infowars store had sales of $165 million.
In court documents filed on Sunday, boxes were checked indicating that the estimated assets for Infowars and Prison Planet are less than $50,000 and that their estimated liabilities are between $1 million and $10 million. Checked boxes in the document for Infowars Health place that company’s estimated assets between $500,000 and $1 million and estimated liabilities ranging from $1 million to $10 million.
Jones was particularly uncooperative as he was sued. A Texas judge issued default judgments against him for failing to comply with court orders in October. And in November, a Connecticut judge did the same.
Mark Bangston, an attorney representing the parents of two Sandy Hook children in a lawsuit in Texas, told CNN in an email: “None of Mr. Jones’ ridiculous stuff has worked in the past, and this one- it won’t come out any better.”