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  • Writer's pictureBy The Financial District

Fox News Settlement A "Disaster," O'Reilly Says

Bill O’Reilly has reportedly criticized his former employer Fox News for its "foolish coverage of the 2020 election" that led to a nearly-$800 million payout to a voting machine company called Dominion, David McAfee reported for Raw Story.

Photo Insert: O'Reilly is no stranger to settlements, himself, as he reportedly opted to pay those accusing him of sexual harassment, among other things.

O’Reilly said in a statement posted on Twitter that the "usual far-left loons are disappointed" that Fox News won't be completely destroyed by the deal. However, he noted, the company is wounded.

"Going forward, Fox News faces a similar lawsuit from the Smartmatic Company and perhaps thousands of lawsuits from Fox shareholders," he wrote. "What a disaster."

The news comes after Smartmatic vowed to finish what Dominion already started. O’Reilly said that since he left Fox News, the network has gone from "fair and balanced" to "tell the audience what it wants to hear."

Rolling Stone reported that Fox News previously paid around $45 million in settlements to avoid publicly litigating six harassment lawsuits against O’Reilly.

All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

Past shareholder derivative claims led to a $90 million settlement in 2017 over the Fox board's handling of sexual harassment at Fox News and a $139 million settlement by the board in 2013 over a phone hacking scandal at London tabloids, both funded by insurance policies.

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