Conservative news network Newsmax agreed to pay a voting machine company $40 million to settle a defamation lawsuit over falsehoods ... to make them in favor of President Joe Biden. While a settlement ...
The post Smartmatic secures $40 million settlement from Newsmax to end defamation lawsuit over 2020 election coverage first appeared on Law & Crime.
In a newly public regulatory filing, it was revealed Newsmax paid Smartmatic $40 million in a defamation lawsuit settlement in September 2024.
Newsmax agreed to pay Smartmatic $40 million as part of a settlement last year following the voting technology company’s election defamation lawsuit against the right-wing news outlet, according to a ...
Exclusive: The hefty settlement, which was initially left secret, was disclosed in an investment prospectus this week as the right-wing network looks to go public.
Newsmax lost $55 million in the first half of last year. But its stock surged this week as shares in the company traded on ...
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, ...
Despite strong revenue growth and no debt, Newsmax's cash burn and operating losses pose some short-term financial risks.
Is Newsmax overvalued? I don't give investment advice, but I could give lots of reasons why investors should be wary.
Conservative cable news channel Newsmax is getting a Trump bump on Wall Street. The Boca Raton, Florida, outlet's stock price ...
Shares in Newsmax, the cable TV news outlet known for its sympathetic coverage of Donald Trump, soared more than 700% on ...
A destination for political conservatives, the Boca Raton, Fla.-based news operation surges after its initial public offering ...