a subsidiary of Newsmax Media, Inc., to the lawsuit. In an "11th hour" legal strategy, the Newsmax legal team attempted to argue — supported by a late affidavit provided by Ruddy — that ...

Newsmax legal analyst Judge Andrew Napolitano sharply criticized the Trump administration on Monday over the arrest of a sitting Wisconsin judge late last week. “And I understand both sides ...

Newsmax settled a defamation lawsuit filed by Smartmatic in September for $40 million, which stemmed from claims that ...

Newsmax could face a significant monetary penalty on top of the expensive legal fees it will incur to defend itself. In a similar suit, Fox News settled with Dominion for nearly $800 million.

That said, Newsmax isn't taking this challenge lying down ... G&A outflows include office salaries, travel expenses, and legal fees. The company last year settled a $40 million defamation lawsuit ...

Newsmax's poor operational results and potentially catastrophic legal exposure make it a risky ... And this lofty valuation doesn't take its long-term challenges into account.

However, while the stars seem aligned for Newsmax, it also faces substantial long-term challenges to its business model. While Newsmax is benefiting from the increasing popularity of conservative ...