A settlement was reached Thursday in a defamation lawsuit brought by electronic voting machine manufacturer Smartmatic against conservative news outlet Newsmax…
brought by electronic voting machine manufacturer Smartmatic against conservative news outlet Newsmax for airing accusations about vote manipulation in the 2020 election made by allies of former President Donald Trump.
“Newsmax is pleased to announce it has resolved the litigation brought by Smartmatic through a confidential settlement,” Newsmax said in a prepared statement. J. Erik Connolly, an attorney for Smartmatic, told the judge that the company was asserting lost revenue opportunities valued at $369.8 million, based on the purported damage to its reputation from the Newsmax reports.
Newsmax argued that the investigation and indictment should be presented to jurors as alternative reasons for any purported reputational harm or economic loss that Smartmatic blamed on Newsmax.
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