Fox Corporation and Fox News reached a $787.5-million US settlement in a defamation lawsuit by Dominion Voting Systems on Tuesday, averting a high-profile trial that would have put one of the world’s top media companies in the crosshairs over its coverage of false vote-rigging claims in the 2020 U.S. election.
The resolution, whose terms were not immediately disclosed, was announced at the 11th hour, with a 12-person jury selected this morning and the case poised to kick off with opening statements this afternoon. Dominion had sought $1.6 billion US in damages in the lawsuit filed in 2021, with Delaware Superior Court