Spyke

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13 replies

The ruling does not affect a $1.4 billion judgement against Jones in Connecticut, which the US Supreme Court declined to overturn.

Sucks to suck, sucker

21
atzanteolreply
sh.itjust.works

How is this fake news? It's about the thing you said it's about? It even says The ruling does not affect a $1.4 billion judgement against Jones in Connecticut, which the US Supreme Court declined to overturn. .

16

You're picking a fight with a Floridan. You didn't have to have that moment.

8
Terrorphinreply
thelemmy.club

You mean the stuff he didn't give to his father? How much has gone to the families? When might that happen?

3
Optionalreply
lemmy.world

2. What has been paid, and why totals differ in reports

Different news outlets cite different snapshots: a 2026 legal summary estimated Jones had paid about $11 million toward the roughly $1.5 billion he owes as of early 2026 [3], while Reuters reported that a January 2025 agreement included an immediate $1 million payment to Texas families and a plan for $4 million to be paid to the Texas cohort as part of a broader division of proceeds among plaintiffs [2]. Those sums are real but small compared with the court-ordered damages, and they reflect negotiated splits and bankruptcy distributions rather than full satisfaction of the judgments [2] [3].

3. Why it still looks like “no” to many observers

Multiple outlets covering later points in the litigation described the families as having “yet to be paid” the damages awarded by the courts, because the bulk of the billion-dollar figure has not been collected and distributed; some reporting framed the reality bluntly — that families had received none of the large awards — based on particular subsets of families and timing of reporting [1] [6]. Those descriptions are technically accurate as shorthand for “the full award has not been collected,” even if narrow, earlier transfers or settlements between certain plaintiffs and Jones’ estate exist [1] [6] [2].

4. How bankruptcy and liquidation shape the payouts

Jones’ bankruptcy filings and a judge’s order to liquidate many of his personal assets set the mechanism by which families might be paid: a controlled sale of property, ownership stakes and collectibles that could yield funds for creditors, combined with negotiated settlement plans offering structured payouts over years [4] [5]. Creditors and families have also proposed and counterproposed lump-sum buys and ten-year payment plans; the families themselves even offered to take far less than the judgments to accelerate payment, reflecting the tradeoffs forced by the bankruptcy process [7] [8].

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lemmy.dbzer0.com

Hey, you can take your fact checks and kindly shove this appreciation for your diligence where it belongs. Intimately close to your sense of community duty. You fuck. Thank you.

1

Texas is weird. I thought the point is that the jury isn't supposed to consider the statutory damages cap.

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You reached the end