Infowars, a media company owned by well-known radio host Alex Jones, has filed for bankruptcy after it was hit with several defamation lawsuits related to the 2012 Sandy Hook school shooting in Connecticut.
The company filed for voluntary Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas. This will give Infowars some time to restructure debts. It has listed liabilities in the range of $1 million to $10 million with assets worth up to $50,000.