Newsmax Pays $40 Million to Settle Defamation Suit
Newsmax settled a defamation lawsuit with Smartmatic for $40 million, a figure disclosed in a recent financial filing. The settlement resolves claims that Newsmax falsely accused Smartmatic of election fraud during the 2020 election cycle. Newsmax has paid $20 million to date, and offered Smartmatic stock as part of the agreement. This settlement follows similar actions by other news outlets, including One America News, and is part of a broader legal battle examining the intersection of free speech and defamation regarding election misinformation. The case against Fox News is still ongoing.
John Q. Hosedrinker