The conservative news network was sued by the voting equipment company for lies it spread about the 2020 presidential election that President Donald Trump lost.

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,

Newsmax agreed to pay $40 million to settle claims that it defamed the voting machine company Smartmatic. The two companies reached a “confidential” settlement agreement last September, but a regulatory filing spotted by The Independent has revealed how much the conservative media outlet will pay.