Mike Lindell, the CEO of MyPillow, has announced that he has lost everything due to lawsuits and a cancel-culture campaign against his company. Lindell, who is also known for promoting theories of a stolen 2020 presidential election, revealed in multiple interviews that he has no money left and can no longer take out any loans due to financial woes caused by defamation lawsuits and bad media publicity.
In an interview with NBC News, Lindell stated that his attorneys were trying to withdraw from his case over millions of dollars in unpaid legal fees, saying, “We’ve lost everything, every dime. All of it is gone.” He also blamed the media for cancelling him over his election-fraud claims in defense of former President Donald Trump, claiming that they took away his borrowing ability.
Lindell appeared on Steve Bannon’s “War Room” program and expressed how the attacks on MyPillow have been devastating to its credit rating. He mentioned that he can no longer pay his lawyers and doesn’t know what the future holds for him and his company.
Recently, the law firm of Parker Daniels Kibort LLC stated that Lindell and MyPillow are months behind on their legal bills in three defamation cases. The firm declared that if they continued to represent Lindell, the future fees and costs would amount to millions of dollars in addition to the millions already owed. Lindell has been named in defamation lawsuits by voting machine companies Smartmatic and Dominion Voting Systems, as well as former Dominion employee Eric Coomer.
According to the law firm’s filing, Lindell and his company have been advised to obtain other counsel, and they are currently in the process of finding new representation. When asked if he would hire a new legal team or represent himself, Lindell responded with, “This just happened today.” In an interview with CNN, Lindell stated that he would not settle the case, saying, “Not in a million years.”
