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Published 2 years ago

Alex Jones | Sandy Hook: Alex Jones owned media firm files for bankruptcy amid Sandy Hook defamation trial

Summary by Ground News
Alex Jones' main company, Free Speech Systems, filed for bankruptcy on Friday, midway through a two-week trial to determine how much he will pay the parents of a Sandy Hook shooting victim. The filing is not expected to disrupt the trial to award damages for defamation taking place in Austin, which is set to resume Monday morning. A Sandy Hook families lawyer said he believes Jones hopes to declare bankruptcy as a small business, with limited debt, prior to the culmination of the current trial. The company reported $79 million in liabilities, $54 million of which is debt owed to a company called PQPR Holdings.

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