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

Reuters · last updated

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.

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