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, according to a regulatory filing.
The companies settled privately last year, but the amount was disclosed in a Newsmax investor document dated March 7.
A Smartmatic representative said in a statement the company could not discuss details of the deal but that it is looking forward to taking Fox News to trial over similar claims about its election coverage.
Newsmax