Judge Rejects Settlement for Sandy Hook Families in Alex Jones Bankruptcy

In recent developments, a Houston bankruptcy judge refused a settlement on Tuesday that aimed to split Alex Jones' assets among Sandy Hook families. The proposed division allocated 75% to Connecticut families and 25% to Texas families for future payments, but the judge deemed it beyond the court's power. This decision adds to the delay faced by Sandy Hook families in receiving the $1.3 billion in damages they were awarded and adds complexity to the potential sale of Jones' Infowars platform. The judge favors a direct sale of the company's equity over dividing assets.