NewsMax has paid $ 20 million to Smartmatic so far, with plans to pay the rest by July. The settlement also includes the option to buy stocks in newsmax, which is planning List on the New York Stock Exchange On March 31. Smartmatic lawsuit against newsmax In 2021 after the network broadcast false allegations that it Voting machines Joe Biden helped win The 2020 presidential elections. She claimed that newsmax “has deliberately published a continuous flow of lies,” which would harm Smartmatic works.
NewsMax still faces Another lawsuit from the voting machine Dominion. “Although the news of the NewsMax is strongly defending a Dominion suit, the unavoidable result on this issue can have a negative negative impact on the financial situation of the company and the results of operations and cash flows.”
