Sandy Hook families ask judge to liquidate Alex Jones' media company after InfoWars host claimed he was being shut down by the Feds

The families of victims of the Sandy Hook Elementary School shooting have asked a judge to liquidate Alex Jones' media company, which includes his how InfoWars.

The conspiracy theorist, 50, had asked the judge to allow him to reorganize his business as the Sandy Hook families seek to collect on $1.5 billion in lawsuit verdicts against him.

Lawyers for the families filed an emergency motion Sunday in Bankruptcy Court in Houston, saying the company, Free Speech Systems, has 'no prospect' of getting a reorganization plan approved by the court and has 'failed to demonstrate any hope of beginning to satisfy' their legal claims, which relate to Jones calling the 2012 school shooting a hoax.

A hearing in Free Speech Systems’ bankruptcy case was scheduled for Monday related to a dispute over the company’s finances.

It comes after Jones went on his web and radio show over the weekend saying there was a conspiracy against him and he expected Infowars to be shut down in a month or two because of the families’ bankruptcy court filings. 

The families of victims of the Sandy Hook Elementary School shooting have asked a judge to liquidate Alex Jones' media company, which includes his how InfoWars

The conspiracy theorist, 50, had asked the judge to allow him to reorganize his business as the Sandy Hook families seek to collect on $1.5 billion in lawsuit verdicts against him. Bill Sherlach, husband of Mary, one of the Sandy Hook School shooting victims, is pictured

The comments included profanity-laden rants, and Jones appeared to cry at points.

'There’s really no avenue out of this,' Jones said on his show Sunday. 'I’m kind of in the bunker here. And don’t worry. I’ll come back. The enemy can’t help but do this attack.'

The provocateur claimed he had to sleep in the show's Dallas studio the night before to prevent it from being padlocked, hours before the web version of his network, in an article, claimed the same.

On Saturday, Jones was defiant, saying 'At the end of the day, we’re going to beat these people. I’m not trying to be dramatic here, but it’s been a hard fight. These people hate our children.'

Liquidation could mean that Jones, based in Austin, Texas, would have to sell most of what he owns, including his company and its assets, but could keep his home and other personal belongings that are exempt from bankruptcy liquidation. 

The 50-year-old conspiracy theorist sobbed openly on Infowars Saturday, making the unfounded accusation in the process

Proceeds would go to his creditors, including the Sandy Hook families. There is no agreement or court ruling yet, however, on how a liquidation would work in Jones’ cases.

Jones and Free Speech Systems both filed for bankruptcy reorganization after the Sandy Hook families won lawsuits in Texas and Connecticut claiming defamation and emotional distress over Jones’ hoax claims. 

The conspiracist said on his show that the school shooting that killed 20 first graders and six educators was staged by crisis actors in efforts to get more gun control laws passed.

Jones’ lawyers have been unable to reach an agreement over the past several months with attorneys for the Sandy Hook families on how to resolve the bankruptcy cases. 

If the cases are withdrawn, it would put Jones back in the same position he was in after the $1.5 billion was awarded in the lawsuits and it would send efforts to collect the damages back to the state courts where the verdicts were reached.

Meanwhile, Jones has yet to fork over any of the more than billion-dollar sum to any of the victims of the mass shooting, which occurred on December 14, 2012, in Newtown, Connecticut. Twenty-five of the 26 victims are pictured

The families of many, but not all, of the Sandy Hook victims sued Jones and won the two trials in Connecticut and Texas.

The relatives said they were traumatized by Jones’ comments and the actions of his followers. They testified at the trials about being harassed and threatened by Jones’ believers, some of whom confronted the grieving families in person saying the shooting never happened and their children never existed.

According to the most recent financial statements filed in the bankruptcy court, Jones personally has about $9 million in assets including his $2.6 million Austin-area home and other real estate. He also listed his living expenses at about $69,000 for April alone, including about $16,500 for expenses on his home including maintenance, housekeeping and insurance.

Families of the victims hug their legal team on October 12, 2022

Relatives of the children who died are seen sobbing during the October 2022 trial

Infowars’ parent company, Free Speech Systems, which employs 44 people, had nearly $4 million in cash on hand at the end of April. The business made nearly $3.2 million in April, including from selling the dietary supplements, clothing and other items that Jones promotes on his show, while listing $1.9 million in expenses.

Jones and the Sandy Hook families have offered different proposals to settle the $1.5 billion he owes them. Last year, Free Speech Systems filed a plan that would leave $7 million to $10 million a year to pay off creditors.

The families later countered with their own proposal: either liquidate Jones’ estate and give the proceeds to creditors, or pay them at least $8.5 million a year for 10 years — plus 50 percent of any income over $9 million per year.

On Sunday, a more stable Jones offered an update to his alleged face-off with federal agents - in which he advised viewers to refrain from getting physical with the government. admitted that even he wasn't sure if the supposed operation was actually happening

On Sunday, a more stable Jones offered an update to his alleged face-off with federal  agents - in which he advised viewers to refrain from getting physical with the federal government.

He also told Newsweek that he spotted 'guards looking at me weird' at the entrance of the Infowars building in Downtown Dallas, and believed his company was going to be shut down.

Lawyers for the right-wing conspiracy theorist have previously claimed he is a 'performance artist' - one whom is merely 'playing a character' on his Infowars show.

The program, started in 1999, has since burgeoned into a full-fledged network, despite shilling a steady stream of disputable stories and claims.

'He's playing a character,' his attorney, Randall Wilhite, said at a pretrial hearing where Jones's ex Kelly Jones attempted - successfully to get custody of their three children. 'He is a performance artist.'