A trial is scheduled to start next week.
Earlier this month, Davis rejected Smartmatics contention that Newsmax was guilty of express malice.
But the judge wrote that he found that argument unconvincing.
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Newsmax lied about the 2020 election and must be held accountable.
The outlets all featured guests and personalities who amplified claims that the 2020 election was stolen from Donald Trump.
Scholarly studies conducted by Harvard University and Massachusetts Institute of Technology found the Venezuelan election was compromised.
Smartmaticlater closed its offices and ceased operations in the country.
Smartmatic said that the employees indicted were placed on leave.
No voter fraud has been alleged and Smartmatic is not indicted, the company said.
Davis also presided over Dominions defamation lawsuit against Fox News.
