Newsmax: Smartmatic Damages Reduced by $1 Billion – IOTW Report

Newsmax: Smartmatic Damages Reduced by $1 Billion

Newsmax:
Newsmax was asked by media why Smartmatic claims of damages against Newsmax have been reduced by over a billion dollars.

Answer:

On the eve of its trial of Newsmax, Smartmatic has voluntarily reduced its claim for damages by over a billion dollars because it seeks to hide from the jury key evidence concerning allegations of criminal activities by its executives.

The Delaware Court has so far approved keeping this critical evidence from the jury, provided that Smartmatic does not argue that it lost any business opportunities after Dec. 31, 2023, due to Newsmax reporting.

On Aug. 8 of this year, the U.S. Department of Justice indicted three top Smartmatic executives, including its then president and co-founder Roger A. Piñate, on multiple federal criminal charges including money laundering and bribery in the U.S. District Court for the Southern District of Florida.

Previous court filings alleged the executives conspired to bribe a Philippines election official approximately $4 million to obtain voting machine and service contracts totaling nearly $200 million. more here

3 Comments on Newsmax: Smartmatic Damages Reduced by $1 Billion

  1. “seeks to hide from the jury key evidence concerning allegations of criminal activities by its executives.”

    So they aren’t just allegations.
    What a 2 tier justice looks like.

    2

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