Saturday, December 14, 2024

POLITICS_ ABC to pay Trump $15 million legal settlement in defamation suit

THE WASHINGTON TIMES

ABC to pay Trump $15 million legal settlement in defamation suit


President-elect Donald Trump speaks during a Time magazine Person of the Year event at the New York Stock Exchange, Thursday, Dec. 12, 2024, in New York. (AP Photo/Alex Brandon, File) more >

By Alex Miller - The Washington Times - Saturday, December 14, 2024

ABC has agreed to pay $15 million to settle a defamation lawsuit brought by President-elect Donald Trump, ending the dispute that centered on anchor George Stephanopoulos’ inaccurate comments surrounding a civil lawsuit against Mr. Trump.

The money will be transferred to an escrow account managed by Mr.
Trump’s lawyer, Alejandro Brito, and will go toward the president-elect’s presidential library, according to the legal filing made public on Saturday.

The network must transfer the funds within 10 days and are also on the hook for Mr. Brito’s $1 million in attorney fees.

The payment will be considered a “charitable contribution,” according to the filing, with the money earmarked for a non-profit organization that is being created for Mr. Trump’s eventual construction of a library.

Mr.
Trump’s suit against the network stemmed from on-air comments made by Mr. Stephanopolous during an interview with Rep. Nancy Mace, South Carolina Republican, in March.

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READ MORE: https://www.washingtontimes.com/news/2024/dec/14/abc-pay-trump-15-million-legal-settlement-defamati/

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