Last year, Newsmax agreed to pay Smartmatic $40 million as part of a settlement following a defamation lawsuit by the voting technology company against the right-wing news outlet. The settlement included a cash payment and an option to purchase stock in Newsmax. Most of the payment has already been made, with the rest to be completed by July. Newsmax stated that the settlement would eliminate future legal expenses related to the suit. The lawsuit was based on Newsmax’s false claims that Smartmatic’s machines manipulated the 2020 election in favor of Joe Biden. Smartmatic settled a similar lawsuit against One America News in April. Now, Smartmatic is focused on a similar case against Fox News. Fox Corp. settled a defamation claim with Dominion Voting Systems for $787.5 million. Newsmax’s agreement with Smartmatic sheds light on the confidential settlement terms and the consequences of spreading false information about election integrity.
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.
