Newsmax has reached a settlement with Smartmatic, averting a highly anticipated defamation trial over allegations that Newsmax spread false information about Smartmatic's involvement in the 2020 election. The settlement was announced just before the trial was set to commence, amidst ongoing legal complexities surrounding other similar lawsuits. Key details of the confidential settlement have not been disclosed, but it has been confirmed that Smartmatic may not seek punitive damages against Newsmax. This resolution follows a series of legal battles and claims that questioned the integrity of the voting technology firm. The settlement reflects a significant moment for Newsmax as they faced potential severe repercussions from the trial.