Current:Home > InvestMyPillow CEO Mike Lindell says he's out of money, can't pay lawyers in defamation case -WealthTrack
MyPillow CEO Mike Lindell says he's out of money, can't pay lawyers in defamation case
View
Date:2025-04-15 16:16:33
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! (72655)
Related
- 'Most Whopper
- Michigan woman found guilty of murder and child abuse in starvation death of son
- Guidelines around a new tax credit for sustainable aviation fuel is issued by Treasury Department
- Economists now predict the U.S. is heading for a soft landing. Here's what that means.
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Vivek Ramaswamy campaigns with former Iowa congressman with a history of racist remarks
- New York joins Colorado in banning medical debt from consumer credit scores
- Greta Gerwig named 2024 Cannes Film Festival jury president, first American female director in job
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Fuming over setback to casino smoking ban, workers light up in New Jersey Statehouse meeting
Ranking
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Pentagon has ordered a US aircraft carrier to remain in the Mediterranean near Israel
- Bryan Kohberger’s defense team given access to home where students were killed before demolition
- Is Costco going to raise membership fees for Gold Star and Executive members?
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Denmark widens terror investigation that coincides with arrests of alleged Hamas members in Germany
- Air Jordans made for filmmaker Spike Lee are up for auction after being donated to Oregon shelter
- How Jonathan Scott and Zooey Deschanel Are Blocking Out the BS Amid Wedding Planning Process
Recommendation
Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
Court upholds $75,000 in fines against Alex Jones for missing Sandy Hook case deposition
Jake Paul oozes confidence. But Andre August has faced scarier challenges than Paul.
Cher has choice words for Rock & Roll Hall of Fame after snub
A South Texas lawmaker’s 15
Prince Harry wins phone hacking lawsuit against British tabloid publisher, awarded 140,000 pounds
In a rare appearance, Melania Trump welcomes new citizens at a National Archives ceremony
The title of Bill Maher’s new book promises “What This Comedian Said Will Shock You”