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by noirscape
50 days ago
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Besides Jones and his lawyer absolutely botching his defense and basically giving up the case (and pissing off the courts as I understand it, which is a bad fucking idea and usually also leads to larger fines), the $1.4 billion is just what Jones managed to rack it up to before entering bankruptcy proceedings, which froze his debt collectors out for a bit. Alongside the class action, Jones was iirc also facing several separate lawsuits, so what you're seeing here is multiple lost lawsuits (I think he lost 4?) adding up. The bankruptcy also doesn't wipe the slate clean for Jones afaiu, because he specifically was found to be malicious in his behavior. Court debts aren't wiped in that situation. He's still on the hook for that. |
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