Alex Jones transferred Infowars assets to new show and website, Sandy Hook families say
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Alex Jones is diverting assets from conspiracy-peddling platform InfoWars to his new website and show, according to families who lost children in the 2012 Sandy Hook Elementary School shooting.
In a new filing with the Texas Supreme Court, they say Jones is making the moves to keep the shut-down company’s physical assets and intellectual property out of their reach. Under a 2022 defamation judgment against him, Jones owes the families about $1.4 billion.
“There is no question that… assets are being misappropriated and that their value is being destroyed. What is now abundantly clear is who did it,” the families say in their filing. They ask for efforts to collect on the judgment, which have been stalled amid legal maneuvers, to be unfrozen.
Thus far, Jones has avoided paying any of the damages. Most recently, he used the courts to pause a licensing deal with the Onion that could have kept InfoWars and its parent company, Free Speech Systems, from insolvency.
The 3rd Court of Appeals in Austin stayed the deal, effectively freezing collections of Jones’ debt through InfoWars.
He argued the satirical news outlet, which sought to license the Infowars brand and intellectual property, would have destroyed the platform. The Sandy Hook families now say Jones himself has done that by shutting down InfoWars, launching a competing service and misappropriating assets.
On Friday, Jones launched “Alex Jones Live” on a new website, allegedly using several years’ worth of old InfoWars content.
“Jones has transferred FSS (Free Speech Systems) assets to newly created media platforms controlled by Jones, so that he can continue to profit off FSS’s assets while directing those profits to entities other than FSS,” the families say.
Their filings also give new context to the abrupt closure of the Infowars website Thursday evening, which Jones blamed on an order from the court-appointed receiver in the case. The families say those claims are false, that Jones alone shut down InfoWars.com and that the new company is using five years worth of audio and video recordings that belong to Free Speech Systems. Jones also likely made off with physical props and studio backdrops, they say.
The receiver for Free Speech Systems, Gregory Mulligan, could not be reached for comment.
It’s not the first time Jones has been accused of hiding assets. He was accused in his bankruptcy case last year of a “flurry of transfers” including cash, luxury cars and property to his family members.
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Content retrieved from: https://www.yahoo.com/news/articles/sandy-hook-families-accuse-alex-153742701.html.
