Alex Jones's Assets Are Frozen by Judge in Sandy Hook Case





(Bloomberg) -- Infowars host Alex Jones was temporarily blocked from transferring any assets or spending money other than for ordinary living expenses by the judge overseeing the Sandy Hook defamation trial in Connecticut.

Most Read from Bloomberg

  • Musk's First Email to Twitter Staff Ends Remote Work

  • Sam Bankman-Fried's $16 Billion Fortune Is Eviscerated in Days

  • US Inflation Slows More Than Forecast, Gives Fed Downshift Room

  • FTX Warns of Bankruptcy Without Rescue for $8 Billion Shortfall

  • Meta to Cut 11,000 Jobs; Zuckerberg Says 'I Got This Wrong'

State court Judge Barbara Bellis, who oversaw the case in which a jury last month ordered Jones to pay nearly $1 billion for spreading lies about the 2012 elementary school massacre, issued the freezing order late Wednesday over concerns that he was "looting" his own estate and hiding assets through a series of shell companies owned by family members.

"With the exception of ordinary living expenses, the defendant Alex Jones is not to transfer, encumber, dispose, or move his assets out of the United States, until further order of the court," Bellis said in the one-page order.

Jurors awarded five families and a Federal Bureau of Investigation agent who responded to the 2012 school massacre $965 million in damages last month to compensate them for the reputational harm and emotional distress caused by years of Jones pushing conspiracy theories that the shooting was faked and the grieving parents were "crisis actors."

Bellis is also currently weighing imposing additional punitive damages on Jones.

The plaintiffs had requested Bellis freeze Jones's assets, and she set a Dec. 2 evidentiary hearing. In court papers, Jones's lawyer urged the judge not to grant the request before that hearing and suggested that, if she did, "in an uncanny way it would bolster Mr. Jones's contention that the results of these proceedings were rigged and that the court appeared partial to the plaintiffs."

It isn't clear how Bellis' order will interact with a related bankruptcy proceeding underway in Houston federal court, where Infowars's parent company, Free Speech Systems LLC, filed for creditor protection back in July. In that proceeding, most claims against Jones's company were temporarily put on hold, although the defamation trial was allowed to proceed, until the bankruptcy court sorts out assets and claims.

The families also asked Bellis to order a complete accounting of Jones's assets, which he has steadfastly refused to provide, and that he be required to bring all movable property to Connecticut for safekeeping by the court. The judge hasn't yet addressed those requests.

The case is Lafferty v Jones, 18-6046436, Connecticut Superior Court (Waterbury).

Most Read from Bloomberg Businessweek

  • Peter Thiel's Strategy of Pushing the GOP Right Is Just Getting Started

  • One of Gaming's Most Hated Execs Is Crashing the Metaverse

  • Will the No. 2 Movie Theater Chain Find a Happy Ending?

  • Binance's Thumping of FTX Shows How Centralized Crypto Can Be

  • A Narrow GOP Majority Is Kevin McCarthy's Dream/Nightmare Come True

©2022 Bloomberg L.P.

COMMENTS

More Related News

Xi Rejects Westernization in Show of Faith in Self Reliance
Xi Rejects Westernization in Show of Faith in Self Reliance
  • World
  • 2023-02-08 09:49:56Z

(Bloomberg) -- China's successful development shows there is another way to modernize, President Xi Jinping said, rejecting any need to "westernize" and...

K-Pop Godfather Spurs Rally in Battle for Music Empire
K-Pop Godfather Spurs Rally in Battle for Music Empire

(Bloomberg) -- SM Entertainment Co.'s stock price surged to a record high after the K-pop agency's founder vowed to block a share sale to internet giant...

Xi Told Japan
Xi Told Japan's Abe He Wouldn't Be a Communist If Born in the US
  • World
  • 2023-02-08 08:57:23Z

(Bloomberg) -- Chinese President Xi Jinping told the late Japanese Prime Minister Shinzo Abe he probably wouldn't have joined the Communist Party if he'd...

Liquor Maker Guotai Weighing $500 Million Hong Kong IPO, Sources Say
Liquor Maker Guotai Weighing $500 Million Hong Kong IPO, Sources Say

(Bloomberg) -- Guizhou Guotai Liquor Group Co., a Chinese white liquor brand, is considering a Hong Kong initial public offering that could raise more than $...

Quake Latest: Erdogan to Visit Disaster Zone; Stocks Suspended
Quake Latest: Erdogan to Visit Disaster Zone; Stocks Suspended

(Bloomberg) -- Most Read from BloombergMeta Asks Many Managers to Get Back to Making Things or LeaveQuake Toll Hits 4,000 in Turkey, Syria as Overseas Aid...

Leave a Comment

Your email address will not be published. Required fields are marked with *

Cancel reply

Comments

Top News: Latin America