Current:Home > MyMyPillow CEO Mike Lindell says he's out of money, can't pay lawyers in defamation case -Wealth Legacy Solutions
MyPillow CEO Mike Lindell says he's out of money, can't pay lawyers in defamation case
TradeEdge View
Date:2025-03-11 08:30:16
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! (324)
Related
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Angel Reese 'heartbroken' after Sky fire coach Teresa Weatherspoon after one season
- Opinion: Learning signs of mental health distress may help your young athlete
- Top election official in Nevada county that is key to the presidential race takes stress leave
- Meta donates $1 million to Trump’s inauguration fund
- Ohio’s fall redistricting issue sparked a fight over one word. So what is ‘gerrymandering,’ anyway?
- Maryland man convicted of shooting and wounding 2 police officers in 2023
- New Orleans, US Justice Department move to end police department’s consent decree
- Retirement planning: 3 crucial moves everyone should make before 2025
- What to know for MLB's final weekend: Magic numbers, wild card tiebreakers, Ohtani 60-60?
Ranking
- Meet first time Grammy nominee Charley Crockett
- Kendra Wilkinson Shares Rare Update on Her Kids Hank and Alijah
- Recent major hurricanes have left hundreds dead and caused billions in damages
- CEO of hospital operator facing Senate scrutiny will step down following contempt resolution
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Port workers strike could snarl the supply chain and bust your holiday budget
- Maryland man convicted of shooting and wounding 2 police officers in 2023
- Ariana Madix Weighs in on Vanderpump Rules' Uncertain Future—and the Only Costars She Talks to
Recommendation
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Daniel Craig and Rachel Weisz Hit Paris Fashion Week in Head-Turning Outfits
Chappell Roan cancels 2 festival performances: 'Things have gotten overwhelming'
Kentucky sign language interpreter honored in program to give special weather radios to the deaf
Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
Friend says an ex-officer on trial in fatal beating of Tyre Nichols did his job ‘by the book’
What to know for MLB's final weekend: Magic numbers, wild card tiebreakers, Ohtani 60-60?
Vance exuded calm during a tense debate stage moment. Can he keep it up when he faces Walz?