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Facing depositions and the strong possibility of an embarrassment in court, ABC and George Stephanopoulos have agreed to apologize to President Trump and donate $15,000,000.00 to the President Trump library to settle a defamation lawsuit filed by President Trump.
(Via FOX) ABC News and their top anchor George Stephanopoulos have reached a settlement with Donald Trump in his defamation suit, which will result in the news network paying the president-elect $15 million.
The settlement was publicly filed on Saturday, revealing that the two parties have come to an agreement and avoided a costly trial. According to the settlement, ABC News will pay $15 million as a charitable contribution to a “Presidential foundation and museum to be established by or for Plaintiff, as Presidents of the United States of America have established in the past.” Additionally, the network will pay $1 million in Trump’s attorney fees.
Stephanopoulos and ABC News will issue statements of “regret” as an editor’s note at the bottom of a March 10, 2024, online article, about comments made earlier this year that prompted Trump to file a defamation lawsuit. (read more)