(LibertySociety.com) – Media personality Alex Jones could be breathing a slight sigh of relief after a settlement offer was made by the families of the victims killed during the Sandy Hook school shooting in 2012. Jones was previously ordered to pay $1.5 billion to the families, which would have been impossible for him to ever repay. Jones subsequently filed for bankruptcy, but the presiding judge ruled that bankruptcy protections would not get him out of paying the debt. During a recent hearing in his bankruptcy case, attorneys representing the victims’ families agreed to settle for $85 million. Jones would have to pay the settlement in full within 10 years.
The families would be receiving much less than what Jones was originally ordered to pay, but Jones’s lawyers argued that he had never made that amount of money over any 10-year span. The attorneys for the victims’ families slammed Jones for continuing to live an “extravagant lifestyle” and failing to take meaningful action to pay the debt. Jones’s company, Free Speech Systems, submitted a new plan in early November that proposed $4 million a year to be paid to the families. Previously the company said that it could afford to pay between $7 million and $10 million each year. Earning projections filed with the bankruptcy court showed a net profit of $4.9 million per year.
Jones’s salary was recently bumped up by over 50 percent after his company said that he was “grossly” underpaid and vitally necessary for the company’s success. Judge Lopez called for a hearing to scrutinize the salary increase that he felt was improperly given. Lopez would be the ultimate decider regarding the amount of money that Jones would be required to pay the families if he did not take the settlement. Jones is currently appealing the judgments against him that stem from his claims that the shooting was a false flag committed by the government to push gun control laws.
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