Smartmatic secures $40 million settlement from Newsmax to end defamation lawsuit over 2020 election coverage
To date, the media company has paid out $20 million of the settlement agreement – which also includes significant stock options.
Newsmax Paid Smartmatic $40 Million in Previously Sealed Defamation Lawsuit Settlement
Newsmax revealed in the filing that they paid $40 million to Smartmatic as well as offered the firm 2,000 shares of preferred stock. Smartmatic initially sued over Newsmax's promotion of claims that the company was involved in rigging the 2020 presidential election.
Newsmax Agreed to Pay $40 Million to Settle Defamation Suit Over 2020 False Election Claims
Newsmax Media has agreed to pay $40 million to settle allegations it defamed Smartmatic by reporting false claims that the voting machine company helped rig the 2020 U.S. election for Joe Biden over Donald Trump,
Maddow Blog | Newly released filing reveals Newsmax’s $40 million settlement with Smartmatic
A closely watched case involving Newsmax and Smartmatic has been resolved — but a similar case involving Fox News remains.
Newsmax reveals it agreed to pay Smartmatic $40M in settlement with the voting machine company
Newmax agreed to pay Smartmatic $40 million as part of a settlement last year following the voting technology company’s election defamation lawsuit against the right-wing news outlet, according to a new regulatory filing.
Newsmax paid $40 million to settle defamation suit over US 2020 election claims
Cable outlet Newsmax Media has paid $40 million to settle allegations it defamed Smartmatic by reporting false claims that the voting machine company helped rig the 2020 U.S. election for Joe Biden over Donald Trump,
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