Current:Home > InvestMyPillow CEO Mike Lindell says he's out of money, can't pay lawyers in defamation case -TrueNorth Capital Hub
MyPillow CEO Mike Lindell says he's out of money, can't pay lawyers in defamation case
View
Date:2025-04-18 12:16:17
Attorneys for MyPillow CEO Mike Lindell want to quit his defamation case due to not receiving any payment from Lindell or MyPillow.
Attorneys representing Lindell are asking the courts for permission to quit his case according to court documents. Lindell faces a $1.3 billion defamation lawsuit by voting machine companies Smartmatic and Dominion Voting Systems. Attorney Andrew Parker claims that Lindell owes them millions of dollars he cannot pay back.
Lindell spoke to the Associated Press and confirmed that he does not have enough money to pay the lawyers and understands why they are dropping the case.
Parker wrote to the court that he and his firm cannot afford to represent MyPillow through the rest of the litigation. Parker claims that this would put the firm at a substantial financial risk.
Parker wrote in his fillings that Lindell paid the firm through the end of 2022. However, according to Parker, the payments slowed down in 2023 when fees for litigation increased. In May, the firm received payments over 60 days late and the payment did not meet the total of bills due. In July and August, no payments were made at all.
Lindell and MyPillow were warned by Parker and his firm, Parker Daniels Kibort, that they would have to quit their case if payment was not made.
MyPillow financial troubles:auctioning off hundreds of items after retailers drop product, Mike Lindell says
Mike Lindell's latest financial woes
Lindell has seen much financial trouble this year. Along with the lawsuit against him, many retailers like Walmart discontinued his products after he backed former President Donald Trump's claims about the 2020 election.
In April, Lindell was ordered to pay $5 million to a software engineer for breaching a contract with the engineer. Lindell used data to support his claims that China helped in the 2020 elections and helped President Joe Biden win. This was all part of his "Prove Mike Wrong Challenge" at the "Cyber Symposium" in 2021 located in South Dakota.
Although Mike Lindell plans not to file for bankruptcy, he admits that MyPillow has suffered dramatically.
2020 ElectionSupreme Court turns back effort by MyPillow CEO Lindell to toss $1.3 billion defamation suit
Lindell's support for Trump's election fraud claims
The company was impacted by Lindell's backing of former President Donald Trump's election fraud claims, for which he is currently fighting off a $1.3 billion defamation lawsuit.
Lindell has previously said that MyPillow lost $100 million after his election fraud claims, WCCO reported. His company also lost an arbitration case in April related to election fraud claims, leading to his company, Lindell LLC, being ordered to pay $5 million.
veryGood! (772)
Related
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Cyprus proposes to establish a sea corridor to deliver a stream of vital humanitarian aid to Gaza
- Snake caught in Halloween decoration with half-eaten lizard rescued by wildlife officials
- Largest Christian university in US faces record fine after federal probe into alleged deception
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Dairy Queen locations in NJ to forfeit $24,000 after child labor and wage violations, feds say
- Texas mother of missing 6-year-old Noel Rodriguez-Alvarez indicted for murder
- Woman plans trip to Disney after winning Michigan Lottery game Lucky For Life
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Helicopters drop water on Oahu wildfire for 2nd day, while some native koa and ohia trees burn
Ranking
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Deion Sanders on theft of players' belongings: 'Who robs the Rose Bowl?'
- Horoscopes Today, October 31, 2023
- Trial moved to late 2024 for Indiana man charged in killings of 2 girls slain during hiking trip
- What do we know about the mysterious drones reported flying over New Jersey?
- Biden wants to protect your retirement savings from junk fees? Will it work?
- 'The Voice': Reba McEntire encourages 'underdog' singer Al Boogie after 'Jolene' performance
- Biden administration announces measures to combat antisemitism on U.S. campuses
Recommendation
In ‘Nickel Boys,’ striving for a new way to see
Diamondbacks never found a fourth starter. They finally paid price in World Series rout.
Yemen’s Houthi rebels claim attacks on Israel, drawing their main sponsor Iran closer to Hamas war
Chad’s military government agrees to opposition leader’s return from exile
Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
ACLU of Virginia plans to spend over $1M on abortion rights messaging
What should you do with leftover pumpkins? You can compost or make food, but avoid landfills
NASA releases images of the 'bones' of a dead star, 16,000 light-years away