https://www.cnn.com/2022/04/18/media/infowars-alex-jones-bankruptcy/index.html?utm_medium=social&utm_source=twCNN&utm_content=2022-04-18T17%3A30%3A42&utm_term=link
The documents filed on Sunday in the US Bankruptcy Court for the Southern District of Texas sought bankruptcy protection for Infowars and Prison Planet, another one of Jones' right-wing outlets. Jones also sought bankruptcy protection for Infowars Health, the store from which Jones has hawked nutritional supplements and other products. The type of bankruptcy filing the company made is one that could allow it to stay in business. Many companies have used bankruptcy to continue to operate while shedding debt and other liabilities they can't afford, including legal judgments in some cases.
The Infowars store has been particularly lucrative. In a 2019 deposition, Jones' father, who operated much of the business, estimated "something like 80 percent" of revenue was "probably" from Infowars store sales. Citing court documents, the Huffington Post reported in 2022 that over a three year period from 2015 to 2018, the Infowars store did $165 million in sales.....
Late last month, Jones was held in contempt by the Connecticut court for failing to comply with multiple orders to sit for a deposition against him. Jones paid $75,000 in fines over the matter, but later had the money returned to him when he finally did comply with the order.
Mark Bangston, an attorney representing the parents of two Sandy Hook children in a Texas lawsuit, told CNN in an email, "None of the Mr. Jones' ridiculous tricks have worked in the past, and this one will fare no better."
It is Mark Bankston and not Bangston. Mark is Juanita Jean's son
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