Newsmax to Pay $40 Million to Settle Smartmatic’s 2020 Election Defamation Lawsuit

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Summary

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

Smartmatic, the voting machine company, sued Newsmax, along with Fox News and One America News, over the networks’ false reporting that Smartmatic switched votes to make them in favor of President Joe Biden. While a settlement was reached last year between Newsmax and Smartmatic, the $40 million amount paid was made public in a filing on March 7, as first reported by The Independent this week. Smartmatic also reached a settlement with One America News last year, though the amount has not been disclosed. Smartmatic’s lawsuit against Fox News remains ongoing. Fox News previously settled with Dominion ― a different voting machine company ― for $787 million in 2023. While Newsmax’s lawsuit with Smartmatic has been settled, the network is facing another lawsuit after it dismissed accurate reports that a mass shooter was a white supremacist, and shared an image of a man they incorrectly identified as the killer.

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HuffPost

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

Conservative cable channel Newsmax has agreed to pay $40 million to settle a 2020 election defamation lawsuit brought by voting systems software company Smartmatic, according to a new regulatory filing. Smartmatic accused Newsmax of reporting false claims that it helped rig the election for Joe Biden over Donald Trump.

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Straight Arrow News

Newsmax Reveals How Much it Paid in Smartmatic Dispute.

Last year, Newsmax admitted in a statement—as part of the settlement agreement—that the court declared allegations about Smartmatic’s involvement in altering election outcomes to be false. The disclosure of these payment details sheds light on previously confidential aspects of the settlement. Discussions on such confidential terms were not part of the public record when the lawsuit was initially resolved just before it went to trial.This is not the first defamation case faced by Smartmatic. The company reached a separate settlement in April with One America News, although the terms of that agreement remain undisclosed. Smartmatic is currently engaged in a similar defamation lawsuit against Fox News.

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The National Pulse

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News Results

Newsmax Settles for $40 Million Over Defamation Claims

Newsmax Media settles for $40 million in a defamation lawsuit brought by Smartmatic. Accused of reporting voting machine company's involvement in rigging the 2020 election. Newsmax maintains its stance on First Amendment rights, arguing that it was within its rights to report on claims made by former President Donald Trump and his supporters.

MIDDLE

4mo ago

Newsmax to pay $40 million to settle defamation suit over 2020 election claims

Voting technology company Smartmatic accused Newsmax of spreading false claims that it helped rig the 2020 US presidential election in favour of Joe Biden over Donald Trump. The settlement was reached last year, but the terms had remained confidential until they were disclosed in a Newsmax regulatory filing dated March 7.

MIDDLE

4mo ago

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

Newsmax will pay $40 million to settle Smartmatic voting machine allegations. Smartmatic sued Newsmax for spreading false claims that its voting machines helped Joe Biden win the 2020 election. The settlement also includes the option to buy shares in Newsmax, which plans to list on the NYSE on March 31.

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4mo ago

Newsmax Settled Smartmatic Lawsuit for $40 Million, Unveiled Court Docs Show

Additionally, the company gave the election machine firm 2,000 shares of preferred stock as part of the settlement in advance of the IPO for Newsmax expected later this year.

4mo ago

Voting Machine Claims Cost Newsmax $40M

Newsmax settled a defamation lawsuit from voting technology company Smartmatic days before a trial was due to begin. The size of the settlement wasn't publicly known before a Newsmax regulatory filing this month. The filing states that Newsmax has agreed to pay Smartmatic $40 million, of which $20 million has already been paid.

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4mo ago

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

Newsmax and Smartmatic settled the case in September, on the eve of a jury trial in Delaware. The $40 million figure was secret until Newsmax revealed the number in a public filing. The payment is less than what Smartmatic hoped to win at trial, and it’s far less than the whopping $787 million Fox News paid in 2023.

MIDDLE

4mo ago

Newsmax Agreed To Pay $40 Million To Settle Smartmatic’s Defamation Lawsuit

Newsmax paid $40 million to settle election systems company Smartmatic’s defamation lawsuit last year. The settlement was announced last year, just days before a trial was to start, the terms were not disclosed. Newsmax revealed the figure as part of its plans for an initial public offering.

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4mo ago

Mike Lindell Must Fork Over $2.3 Million to Ex-Dominion Worker He Defamed

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Delaware judge rules Newsmax coverage of Dominion Voting Systems was false, defamatory

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