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Sandy Hook Families Reach Deal on Alex Jones’ Infowars Sale
HOUSTON, Texas — Families of Sandy Hook victims have resolved their disputes over how to divide Alex Jones‘ assets, paving the way for a potential sale of his Infowars platform, attorneys announced during a Monday court hearing. The agreement aims to expedite the bankruptcy process and facilitate a new auction for the controversial media outlet.
Joshua Wolfshohl, an attorney representing the bankruptcy trustee overseeing Jones’ assets, informed U.S. Bankruptcy Judge Christopher Lopez that the settlement would help get the bankruptcy “back on track.” The deal comes after months of disagreement between families in Texas and Connecticut over how to pursue Jones’ assets. Texas-based families sought more cash, while Connecticut families prioritized shutting down Infowars.
Jones, a conspiracy theorist, was found liable for defamation after repeatedly claiming the 2012 Sandy Hook Elementary School shooting, which killed 20 children and six staff members, was a hoax staged to promote gun control. Courts in Connecticut and Texas awarded over $1.4 billion and $50 million, respectively, to the families of victims.
Under the new agreement, Texas families will receive $4 million, with $1 million paid within seven days of court approval. They will also receive 25% of future payments, while Connecticut families will take 75%. The Texas families agreed to limit their involvement in the bankruptcy case and support the Connecticut families when necessary.
“The settlement with the Texas families is a milestone event and puts the families back on the same side,” said Kyle Kimpler, an attorney for the Connecticut families. Avi Moshenberg, representing the Texas families, added that both groups are now “100% aligned.”
The previous disagreement derailed an earlier auction, where the bankruptcy trustee accepted a $1.75 million bid from the satirical news site The Onion. Judge Lopez later voided the sale, citing a flawed bidding process and insufficient transparency. The trustee is now evaluating new bids, including a $7 million offer from First United American Companies, a firm linked to Jones’ supplement business, and an expected bid from The Onion’s parent company, Global Tetrahedron.
Wolfshohl said the trustee will present the new offers to the court for approval, potentially through a revised auction process. “I don’t know exactly what it’s going to look like,” he said, “but I think we would come back to the court and say, ‘Judge, here’s what we’ve got. Let’s talk about a sale process.’”
Jones filed for bankruptcy in late 2022 after being ordered to pay the defamation judgments. Most proceeds from the sale of Infowars and Jones’ personal assets will go to the Sandy Hook families, with some allocated to other creditors. A hearing to approve the families’ agreement is scheduled for next week.