ABC to give $15 mn to Trump's presidential library to settle lawsuit

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ABC to give $15 mn to Trump's presidential library to settle lawsuit - Business Standard

Quick Summary:

ABC News has agreed to pay USD 15 million toward Donald Trump's presidential library to settle a lawsuit over anchor George Stephanopoulos' inaccurate on-air assertion that the president-elect had been found civilly liable for raping writer E.Jean Carroll.

According to settlement documents made public Saturday, ABC will also post a note on its website expressing regret over the claim in a March 10 segment on Stephanopoulos' This Week" program and pay USD 1 million in legal fees to Trump's lawyer.

In a statement, ABC News said: We are pleased that the parties have reached an agreement to dismiss the lawsuit on the terms in the court filing.