Delaware Superior Court Judge Eric Davis had ruled earlier that Newsmax did indeed defame Denver-based Dominion Voting Systems by airing false information about the company and its equipment. But Davis left it to a jury to eventually decide whether that was done with malice, and, if so, how much Dominion deserved from Newsmax in damages. Newsmax and Dominion reached the settlement before the trial could take place.
The settlement was disclosed by Newsmax in a new filing with the U.S. Securities and Exchange Commission. It said the deal was reached Friday.
“Newsmax believed it was critically important for the American people to hear both sides of the election disputes that arose in 2020,” the company said in a statement. “We stand by our coverage as fair, balanced, and conducted within professional standards of journalism.”
A spokesperson for Dominion said the company was pleased to have settled the lawsuit.
Internal correspondence from Newsmax officials likewise shows they knew the claims were baseless.