Lawyers for Fox News and Dominion Voting Systems reached a settlement hours before the defamation trial was set to begin.
Dominion Voting Systems and Fox News reached an agreement to settle a $1.6 billion defamation lawsuit just hours before the case was to go to trial.
Fox News agreed to pay Dominion $787.5 million as part of the settlement, and Fox News Media has acknowledged the court’s rulings that claims made about Dominion were false.
The media company said in a statement to Newsweek that the settlement reflects Fox’s commitment to the highest journalistic standards.
Dominion Voting Systems’ $1.6 billion defamation lawsuit against Fox News ended with a last-minute settlement Tuesday, just hours before the case was to go to trial.
Lawyers for Dominion and Fox reached the agreement right before opening statements in the case, which was expected to result in one of the most significant media trials in decades. The verdict could have dealt a huge blow to Fox or handed the conservative network a major legal victory.
