Fox News on Tuesday disposed of one legal threat with its $787.5 million defamation settlement with Dominion Voting Systems, but the network still faces a $2.7 billion lawsuit from another voting technology company, Smartmatic USA, over its coverage of debunked election-rigging claims.
Dominion accused Fox and its parent company Fox Corp of ruining its business by airing claims that its machines were used to rig the 2020 U.S. presidential election in favor of Democrat Joe Biden and against then-president Donald Trump, a Republican.
Fox and its parent company Fox Corp averted a six-week trial in Delaware Superior Court with the deal, which is half of the $1.6 billion Dominion sought but still by far the largest ever defamation settlement publicly announced by an American media company, according to legal experts.