Current:Home > MarketsMyPillow CEO Mike Lindell says he's out of money, can't pay lawyers in defamation case -AssetLink
MyPillow CEO Mike Lindell says he's out of money, can't pay lawyers in defamation case
View
Date:2025-04-13 17:56:54
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! (82)
Related
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Why Kylie Jenner Thinks It's Time for Her Family to Address the Beauty Standards They're Setting
- You'll Be a Sucker for Nick Jonas and Priyanka Chopra's Date Night at 2023 Met Gala
- See How Janelle Monáe Stripped Down on the 2023 Met Gala Red Carpet
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Get Smudge-Proof Voluminous Lashes for 36 Hours With This 2 Benefit Mascaras for the Price of 1 Deal
- The Best Dressed Stars at the 2023 Met Gala Will Make Your Jaw Drop
- Pedro Pascal Shows Us the Way to Wear Shorts on Red Carpet at Met Gala 2023
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- Everything You Need to Achieve the Quiet Luxury Trend Without Breaking the Bank
Ranking
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- How to Watch the 2023 Met Gala
- Cher and Boyfriend Alexander Edwards Break Up
- Angelina Jolie's Son Maddox Is All Grown-Up During Rare Public Appearance at White House State Dinner
- Louvre will undergo expansion and restoration project, Macron says
- Shop Limited-Edition Styles & Deals to Celebrate Karl Lagerfeld's Iconic Fashion Legacy
- Met Gala 2023: Pregnant Serena Williams Announces She's Expecting Baby No. 2 With Alexis Ohanian
- Exes John Mulaney and Anna Marie Tendler Mourn Death of Dog Petunia
Recommendation
Highlights from Trump’s interview with Time magazine
Dancing With the Stars Is Quickstepping Back to ABC After Move to Disney+
Martin Hoffert
Wallace Broecker
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
How Gigi Hadid Is Honoring Karl Lagerfeld at Met Gala 2023
Rachel Brosnahan Reveals Her Most Risqué Look at 2023 Met Gala
Charlotte Tilbury's Limited-Time Sale Has Deals on Flawless Filter, Pillow Talk, Contour Wands & More