Conspiracy theorist Alex Jones can’t put up a ten dollar bond to avoid collection of a $50 million judgment in Texas for advancing false claims that the 2012 Sandy Hook Elementary School shooting was a hoax, a judge ruled Tuesday.
In voiding the bond, Judge Maya Guerra Gamble (D) rejected a sworn declaration from Jones that the net worth of his media empire is less than zero, a ruling that moves the court closer to appointing a receiver to oversee the eight-figure judgment for parents of children killed in the attack.
Last month, the judge appointed a receiver for Jones’ assets in connection with a $1.3 billion Connecticut judgment in Sandy Hook litigation, which Jones appealed and secured a temporary pause.
During the hearing in Austin, Guerra Gamble of the Texas 459th District Court determined Jones’ Free Speech Systems LLC controls valuable assets because a bankruptcy judge in February voided an order that vested them to a trustee. Further, she rejected Jones’ attempt to calculate the $50 million judgment against the company’s net worth.
The judge ended the hearing by inviting Jones’ lawyer, Ben Broocks of Broocks Law Firm, to motion the court for a hearing to set a proper bond amount. Jones, who didn’t immediately take her up on it, declined comment outside of the courtroom.
Guerra Gamble also weighed a request to sanction Jones’ lawyers for what the parents’ attorney said were misrepresentations about the effectiveness of the bankruptcy order and a false declaration from Jones on the company’s net worth.
Ultimately, she decided against it, saying “I don’t think it’s as egregious as some of the behavior,” from two previous Jones lawyers that she sanctioned in the case.
Overall, the tactics Jones and his lawyers have used in the past seven years are “absolutely disgraceful to the profession,” Guerra Gamble said.
Jones’ lawyers, past and present, “are willing to say or do pretty much anything because their client is asking them to do it,” she added.
Much of the hearing focused on a 2024 order from Judge Christopher Lopez of the US Bankruptcy Court for the Southern District of Texas directing a trustee to sell or auction FSS’ items.
The lawyer for the families, Mark Bankston of Farrar & Ball LLP, said Free Speech Systems is still in possession of those assets after the judge pulled back that order. Jones says his business is still in the hands of a Chapter 7 trustee because the judge had no authority to reverse the order.
Guerra Gamble said in reviewing Lopez’s comments “it’s quite clear that he wanted the parties to pursue collections” in state court.
Jones is appealing the Texas and Connecticut judgments.
In Texas, an appeals court that heard arguments in May indicated it might side with Jones in reducing the judgment amount. The Connecticut judgment is pending before the US Supreme Court.
The case is Heslin v. Jones, Tex. Dist. Ct., No. D-1-GN-18-001835, 9/16/25.
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