Federal judge stops Sandy Hook parents from collecting $50M judgment against Alex Jones, ruling trustee to oversee asset liquidation for creditors.
FILE - Right-wing conspiracy theorist Alex Jones speaks to the media after arriving at the federal courthouse for a hearing in front of a bankruptcy judge, Friday, June 14, 2024, in Houston. A federal bankruptcy judge Thursday, June 27, stopped an effort by the parents of a boy killed in the Sandy Hook Elementary School shooting to collect on some of the $50 million owed to them by Jones and his company for his claims that the massacre was a hoax.
Jones has about $9 million in personal assets, according to the most recent financial filings in court. Free Speech Systems has about $6 million in cash on hand and about $1.2 million worth of inventory, according to recent court testimony. Free Speech Systems, based in Jones' hometown of Austin, Texas, filed for bankruptcy reorganization in July 2022 in the middle of the trial in Texas that led to the $50 million defamation award to Lewis and Heslin. Jones filed for personal bankruptcy reorganization later in 2022 after relatives of eight children and adults killed in the shooting won the Connecticut lawsuit.
"Our clients are frustrated that they will not be allowed to pursue their state court rights after all," said Mark Bankston, a lawyer for Lewis and Heslin. "Apparently this case will remain in limbo much to Mr. Jones' delight while the other group of plaintiffs insist they are entitled to nearly all the recovery."
"The Connecticut families have always sought a fair and equitable distribution of Free Speech System's assets for all of the families, and today's decision sets us back on that path," said Christopher Mattei, a lawyer for the Sandy Hook relatives who sued Jones in Connecticut.
Sandy Hook Bankruptcy Free Speech Systems Lawsuit Assets
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