Agreement reached after the jury was sworn in on Tuesday morning after lengthy delay to start of opening statements
Fox and the voting equipment company Dominion reached a $787.5m settlement in a closely watched defamation lawsuit, ending a dispute over whether the network and its parent company knowingly broadcast false and outlandish allegations that Dominion was involved in a plot to steal the 2020 election.
The settlement came before scheduled opening statements and after an unexpected lengthy delay Tuesday afternoon just after the jury was sworn in. Neither party immediately disclosed the terms of the settlement other than the dollar amount, and attorneys for Dominion declined to answer questions about whether it requires Fox to issue a retraction or a formal apology.
“The parties have resolved their case,” judge Eric Davis told jurors on Tuesday afternoon before excusing them from the courtroom.
In a press conference outside the courthouse, Dominion attorney Justin Nelson said the more than $787m represents “vindication and accountability”.
“Truth matters,” he said. “Lies have consequences. The truth does not know red or blue,” he continued. “People across the political spectrum can and should disagree on issues, even of the most profound importance. But for our democracy to endure another 250 years and hopefully much longer, we must share a commitment to facts.”
In a statement, Fox said the settlement reflects its “continued commitment to the highest journalistic standards”.
“We are hopeful that our decision to resolve this dispute with Dominion amicably, instead of the acrimony of a divisive trial, allows the country to move forward from these issues,” the statement said.
