cnn breaking news. welcome to the lead. we have some breaking news for you. i m jake tapper. moments ago, we learned there is a settlement a settlement in the high stakes trial between dominion voting systems and fox dominion was suing fox for $1.6 billion, saying that the network showed complete and utter disregard for truth and facts and accuracy. when they allowed guests and hosts to push false conspiracy theories that the 2020 election had been stolen from donald trump. cnn s oliver darcy is outside the courthouse in delaware. oliver. what do we know about the settlement? we know right now. the judge just announced actually moments ago, jake that this case has been settled out of court. we don t know any details about what happened. but there was this unexplained two hour delay in court proceedings. this settlement really comes right before the clock struck struck midnight jake opening statements were set to begin at 1 30. they did not as scheduled, and there was an unexp
And so that s making the way through the core system as well. smartmatic actually just put out a statement their lead attorney, i want to read it to you, jack. we just got this, he said dominions litigation exposed some of the misconduct and damaged caused by fox s disinformation campaign. smartmatic will expose the rest . and so there is more litigation jake for fox news to deal with down the line, but still $787 million is not is not a small figure for fox to have to shell out for those lies no and as was noted earlier by elie honig. the company isn t even worth $100 million, much less $787,500,000. oliver darcy, thanks so much. keep telling us news as it develops. let s bring back cnn legal analysts laura coates. and elie honig, ellen. and what do you make about the fact that the settlement amount was not confidential? i m sure fox would have preferred that it was, of course, this is a really surprising and important detail here, jake that the amount is