ABC has agreed to pay $15 million to settle a legal dispute with President-elect Donald Trump, stemming from defamation claims related to statements made by anchor George Stephanopoulos. The settlement directs the funds to a presidential foundation and museum associated with Trump, with an additional $1 million awarded to Trump's legal counsel. ABC News will append a regret note to the interview article at the center of the case.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02ABC has agreed to pay $15 million to settle a legal dispute with President-elect Donald Trump,
00:07stemming from defamation claims related to statements made by anchor George Stephanopoulos.
00:12The settlement directs the funds to a presidential foundation and museum associated with Trump,
00:17with an additional $1 million awarded to Trump's legal counsel.
00:21ABC News will append a regret note to the interview article at the center of the case.
00:26For all things money, visit Benzinga.com slash GSTV.