Washington CNN —
The pro-Trump cable channel Newsmax agreed to pay $40 million in a confidential settlement last year to end a 2020 election-related defamation lawsuit brought by voting technology company Smartmatic, according to regulatory filings recently made public.
Newsmax and Smartmatic settled the case in September, on the eve of a jury trial in Delaware. But the $40 million figure was secret until Newsmax revealed the number in a public filing with the Securities and Exchange Commission, as the network gears up for its initial public offering.
The payment is less than what Smartmatic
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