Newsmax agreed to pay Smartmatic $40 million as part of a settlement last year following a defamation lawsuit over false claims about the 2020 election. The agreement included a cash payment and an option to purchase stock in Newsmax, with $20 million already paid and the rest due before July. Newsmax stated that the settlement would eliminate future legal expenses related to the suit. Smartmatic settled a similar lawsuit against One America News for an undisclosed sum. Smartmatic’s lawyer indicated that the company is focused on a case against Fox News. Fox Corp. agreed to pay $787.5 million to Dominion Voting Systems to settle defamation claims related to the 2020 election. The settlement details provide insight into the confidential agreements that were not publicly available last year. Newsmax acknowledged that the allegations about Smartmatic manipulating the election were false, leading to the settlement. Fox News has defended its coverage of the election and stated that it has covered newsworthy events. The settlements reflect the legal consequences for media outlets that spread false information about election technology companies and their roles in the 2020 election.
Note: The image is for illustrative purposes only and is not the original image associated with the presented article. Due to copyright reasons, we are unable to use the original images. However, you can still enjoy the accurate and up-to-date content and information provided.
