Newsmax agreed to pay $40 million to settle Smartmatic’s 2020 election defamation lawsuit

Newsmax Paid Smartmatic $40 Million In 2020 Election Defamation Settlement, Filing Shows

The conservative news network was sued by the voting equipment company for lies it spread about the 2020 presidential election that President Donald Trump lost.

Filing Reveals Amount Newsmax Paid To Settle Defamation Lawsuit Related To 2020 Election

According to a new filing,Newsmaxagreed to pay Smartmatic $40 million as part of a settlement in a defamation lawsuit related to the 2020 election. The media outlet disclosed the settlement amount in a March 7th filing. “The settlement, reached in September, included a cash payment and an option to purchase stock in Newsmax,”NBC Newsstated. Newsmaxhas...

Filing Reveals Amount Newsmax Paid To Settle Defamation Lawsuit Related To 2020 Election * 100PercentFedUp.com * by Danielle

In a stunning revelation, Newsmax has settled a defamation lawsuit with Smartmatic for $40 million over false claims about the 2020 election. Discover the details of this high-stakes agreement and its implications for the media landscape.

Newsmax to pay $40 million to settle Smartmatic election defamation lawsuit

Newsmax agreed to pay $40 million to settle a 2020 election defamation lawsuit brought by Smartmatic, according to a new regulatory filing.

Ticker: Newsmax Paid $40 Million to Settle Smartmatic Defamation Lawsuit

Top of the Ticker: A recent regulatory filing by Newsmax revealed that the network paid $40 million to settle its defamation lawsuit with Smartmatic. The case was settled in September with the terms initially remaining undisclosed, Newsmax's filing also revealed that Smartimatic would be able to purchase 2,000 shares of preferred stock of the cable...

Newsmax will pay $40 million to settle Smartmatic voting machine allegations

Newsmax agreed to pay $40 million to settle claims that it defamed the voting machine company Smartmatic. The two companies reached a “confidential” settlement agreement last September, but a regulatory filing spotted by The Independent has revealed how much the conservative media outlet will pay. Newsmax has paid $20 million to Smartmatic so far, with plans to pay off the remainder by July. The settlement also includes the option to buy shares …