Fox News and Dominion Voting Systems reached a $787.5 million settlement agreement Tuesday afternoon, the parties announced, narrowly heading off a trial shortly after the jury was sworn in.
“Fox has admitted to telling lies,” John Poulos, Dominion CEO, said at a news conference after the trial ended.
“Money is accountability,” said Stephen Shackelford Jr., the attorney scheduled to give opening statements for Dominion on Tuesday.
Fox News, in a statement, said it acknowledged “the court’s rulings finding certain claims about Dominion to be false.”
“This settlement reflects Fox’s continued commitment to the highest journalistic standards,” the network said. “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.”
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