Alex Jones Proposes $55 Million Settlement to Sandy Hook Families
The proposed amount is a fraction of the $1.4 billion Jones was ordered to pay for defamation; families counter with a plan to liquidate Jones' assets.
- Alex Jones, the conspiracy theorist who claimed the 2012 Sandy Hook Elementary School shooting was a hoax, has proposed to pay the victims' families $55 million over 10 years as part of his bankruptcy plan.
- The proposed settlement is a fraction of the $1.4 billion that courts have ordered Jones to pay the families for defamation.
- The families have filed their own proposal seeking to liquidate nearly all of Jones’ assets, including his media company Free Speech Systems, and give the proceeds to them and other creditors.
- Jones declared bankruptcy in late 2022, but a judge ruled in October that Jones couldn’t use bankruptcy protection to avoid paying families, and was still liable for $1.1 billion of the original punishment.
- A Texas judge is expected to hold hearings in late February to determine a final bankruptcy plan.