Trump Settles Defamation Suit with ABC News for $15 Million
ABC News to Pay $15 Million to Trump Foundation in Defamation Settlement
ABC News has agreed to pay $15 million to a foundation supporting former President Donald Trump’s future presidential library and museum to settle a defamation lawsuit, the network announced Saturday.
The settlement comes after Trump filed a lawsuit against ABC News in 2021, alleging the network made false and defamatory statements about him during a 2019 report.The lawsuit centered around a report that claimed Trump had pressured Ukraine to investigate his political rivals.
“We are pleased to have reached a resolution in this matter,” an ABC News spokesperson said in a statement. “This settlement allows us to move forward and focus on our core mission of delivering accurate and impartial news to the American people.”
The settlement does not include an admission of wrongdoing by ABC News.
The $15 million will be paid to the Trump Presidential Foundation, a non-profit association established to support the construction and operation of a future presidential library and museum dedicated to Trump’s presidency.
The settlement marks the latest legal battle for trump, who has faced numerous lawsuits since leaving office.
ABC News Settles Defamation Lawsuit With Trump,Agrees to $15 Million Payment
Newsdicrectory3.com – In a notable advancement, ABC News has agreed to pay $15 million to the Trump Presidential Foundation to settle a defamation lawsuit filed by former President Donald Trump.
The lawsuit stemmed from a 2019 ABC News report that alleged Trump had pressured Ukraine to investigate his political rivals. The settlement, announced by ABC News on Saturday, does not include an admission of wrongdoing by the network.
“We are pleased to have reached a resolution in this matter,” an ABC News spokesperson stated. “This settlement allows us to move forward and focus on our core mission of delivering accurate and impartial news to the American people.”
The $15 million payment will be directed to the Trump Presidential foundation, a non-profit organization dedicated to supporting the construction and operation of a future presidential library and museum focused on Trump’s presidency.
This settlement is the latest in a series of legal battles for Trump as leaving office.