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Stock impact report

MyPillow founder defamed Smartmatic with false claims on voting machines [Los Angeles Times (CA)]

Newsmax, Inc. Class B (NMAX) 
But U.S. District Judge Jeffrey Bryan deferred until future proceedings the question of whether Lindell — one of the country's most prominent propagators of false claims that the 2020 election was a fraud — acted with the “actual malice” that Smartmatic still needs to prove to collect any damages. The judge said there are “genuine fact disputes” as to whether Lindell's statements were made “with knowledge that they were false or made with reckless disregard to their falsity.” He noted that the defense says Lindell has an “unwavering belief” that his statements were truthful. The statements cited by the judge arose from Lindell's criticism of the results of the 2020 election in Los Angeles County, which Democratic candidate Joe Biden carried with 71% of the vote over President Trump and helped Biden secure the state's 55 electoral votes. The county used Smartmatic's computerized touchscreen ballot-marking devices and was the company's only customer for the 2020 election. Lindell Show less Read more
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