Alex Jones and Free Speech Systems, based in Austin, Texas, have both filed for bankruptcy in response to a lawsuit brought against Jones by the families of the victims of the 2012 Newtown school shooting. Jones' plan would pay the Sandy Hook families a minimum total of $55 million over 10 years, while Free Speech Systems' plan would pay $15 million. The court will decide which plan is the most beneficial and issue a final order in February.
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Alex Jones, the controversial Infowars host, is facing accusations of failing to curb his personal spending and “extravagant lifestyle” from lawyers representing the families of the Sandy Hook victims. The lawyers are proposing a settlement that would require Jones to pay at least $85 million over 10 years. The filing states that Jones has “failed in every way to serve as the fiduciary mandated by the Bankruptcy Code” and that he should be held accountable for his actions. Jones has yet to respond to the accusations made in the legal filing.