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A bankruptcy judge has rejected the sale of Alex Jones’ Infowars media empire to the satirical news outlet The Onion over concerns about the bidding process.
On Tuesday, Judge Christopher Lopez ruled that the bankruptcy auction had not resulted in the best possible bids, but rejected Jones’ claim that the process had been plagued by “collusion.”
Lopez said the court-appointed bankruptcy trustee who ran the auction made “a good-faith error” by quickly asking for final offers for Infowars, instead of encouraging more back-and-forth bidding between The Onion and First American United Companies, which came second in the process.
“This should have been opened back up, and it should have been opened back up for everybody,” Lopez said, according to Reuters. “It’s clear the trustee left the potential for a lot of money on the table.”
The Onion emerged as the winner of the Infowars auction on November 14. Jones was forced to sell his assets in order to help pay the nearly $1.5 billion he owes the families of Sandy Hook victims after falsely claiming that the 2012 school shooting—which left 26 people dead, including 20 children—was a hoax and that the grieving parents were “crisis actors.”
This is a breaking story. More to follow.
The post Alex Jones Scores Legal Win Against The Onion Over Infowars Takeover appeared first on Newsweek.
