Alex Jones hit with $45.2 million defamation verdict — but could pay much less

Date:

Share:

[ad_1]

A Texas jury has ordered Alex Jones to pay around $45.2 million for spreading a false conspiracy theory about the Sandy Hook Elementary School shooting. The punitive damages come on top of a $4.1 million verdict from yesterday, potentially marking a major blow to Jones’s Infowars media empire. But the number could be vastly reduced by limits built into the Texas legal code, which caps damages on defamation punishments.

The jury handed back its verdict on Friday after hearing testimony about Jones’s finances — something he’s allegedly taken significant steps to obscure. It included an assessment that Jones’ company Free Speech Systems was worth at least $130 million; previous testimony indicated its annual revenue in recent years has been $50 million or above. Jones claimed in court that a fine of $2 million or more could “sink” Infowars.

As Bloomberg explains, Texas law caps punitive damages at twice the level of compensatory economic damages per defendant plus a maximum of $750,000 for non-economic damages. Jones’ attorneys plan to file for a reduction of the fine based on that rule, something the plaintiffs’ attorneys told Bloomberg they will “certainly litigate” if necessary.

This concludes one of three trials involving the parents of children who were killed at Sandy Hook in 2012, an event Jones and other Infowars employees claimed had been staged. The plaintiffs — Scarlett Lewis and Neil Heslin — had asked for $150 million.



[ad_2]

Source link

Subscribe to our magazine

━ more like this

Crypto Crime Investigation (C.C.I) Enhances Singapore’s Safety with Innovative Pig Butchering Fraud Recovery Technology

Crypto Crime Investigation (C.C.I) is proud to announce the launch of its groundbreaking Pig Butchering fraud recovery technology, a vital initiative aimed at protecting...

U.S. Treasury removes Francisco Javier D’Agostino from sanctions list after independent review

The United States Treasury Department has removed Francisco Javier D'Agostino from its sanctions list following an independent review that confirmed his business activities were...

Expert Forensic Analysis in Investigating Crypto Investment Scams and Recovering Lost Funds

The allure of cryptocurrency investment, with its potential for high returns, has unfortunately attracted a darker side: sophisticated and deceptive scams. Victims of these...

Asia’s Certified Cryptocurrency Investigator Launches in Singapore: Pioneering Crypto Crime Investigation (C.C.I)

Singapore, – In a groundbreaking move to enhance digital asset security and bolster consumer confidence in the cryptocurrency market, the Crypto Crime  Investigation...

C.C.I Launches as the Ultimate Recovery Platform for Crypto Investors Targeted by Scams

Nevada, Florida – In response to the growing concern over cryptocurrency investment scams, C.C.I (Crypto Crime Investigation) proudly announces its official launch as the...