• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
FinanceLaw

Mike Lindell admits he’s out of money as his lawyers seek permission to stop defending him, citing ‘serious financial risk’

By
Steve Karnowski
Steve Karnowski
and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Steve Karnowski
Steve Karnowski
and
The Associated Press
The Associated Press
Down Arrow Button Icon
October 6, 2023, 3:57 PM ET
Mike Lindell said Thursday night that he "ran out of money. I have no money personally. Nothing left."
Mike Lindell said Thursday night that he "ran out of money. I have no money personally. Nothing left."AP Photo/Wilfredo Lee

Attorneys who’ve been defending MyPillow chief executive and election denier Mike Lindell against defamation lawsuits by voting machine companies are seeking court permission to quit, saying he owes them unspecified millions of dollars and can’t pay the millions more that he’ll owe in legal expenses going forward.

Attorney Andrew Parker wrote in documents filed in federal court on Thursday that his firm and a second firm representing MyPillow in lawsuits by Smartmatic and Dominion Voting Systems can’t afford what it would cost to represent Lindell and MyPillow through the rest of the litigation. Continuing to defend him would put the firms “in serious financial risk,” he wrote.

It’s the latest in a string of legal and financial setbacks for Lindell, who propagates former President Donald Trump’s lies that the 2020 election was stolen from him, in part by rigged voting machine systems.

The Associated Press left phone messages with Lindell on Friday. In a rambling video posted on his FrankSpeech website Thursday night, he acknowledged that he’s out of money and that his credit has dried up, so he can’t pay his lawyers.

Amid his denunciations of the news media, including Fox News and other conservative outlets, he said his company had lost over $100 million after big-box retailers dropped his products. He depicted himself as a victim of “cancel culture” and said he wasn’t done fighting.

“I’m never going to stop trying to secure elections for this country ever,” a defiant Lindell said. He went on to say: “I ran out of money. I have no money personally. Nothing left. Nothing left.”

Parker filed the requests to quit in federal court in Minnesota, where Smartmatic filed a defamation lawsuit seeking over $1 billion, and in Washington, D.C., where Lindell is a defendant in a similar $1.3 billion lawsuit by Dominion Voting Systems that also targets Trump allies Rudy Giuliani and Sidney Powell. Dominion won a nearly $800 million settlement from Fox News in April. Giuliani is being sued by a former lawyer over allegedly unpaid legal bills.

Parker’s firm also moved to withdraw for similar reasons from a defamation lawsuit filed against Lindell, MyPillow and FrankSpeech in federal court in Colorado by Eric Coomer, former director of product strategy and security for Denver-based Dominion.

In July, Lindell acknowledged to the Star Tribune of Minneapolis that his company was auctioning off equipment and subleasing some of its manufacturing space in Minnesota after several major retailers including WalMart and some TV shopping networks stopped carrying MyPillow products amid the negative publicity. He said the equipment was no longer needed as MyPillow consolidated its operations and turned its focus to direct sales.

In April, an arbitration panel ordered Lindell to pay $5 million to a software engineer for breach of contract in a dispute over data that Lindell claimed proves China interfered in the U.S. 2020 elections and tipped the outcome to President Joe Biden. Lindell had launched his “Prove Mike Wrong Challenge,” as part of the “Cyber Symposium” he staged in South Dakota in 2021 to further his theories.

Parker wrote in his filings that Lindell and MyPillow had regularly paid his firm in full and on time through the end of 2022. But he said the payments slowed this year while the litigation fees and costs “dramatically increased.” By May, the payments slowed to more than 60 days and didn’t cover the full bills. Lindell and MyPillow made no payments for the firm’s July and August bills, he wrote, though they did make some relatively small payments that were only a fraction of the total owed.

The attorney said his firm, Parker Daniels Kibort, or PDK, warned Lindell and MyPillow in August and September that it would have to withdraw if the bills weren’t paid.

He said Lindell and MyPillow understand his firm’s position, don’t object, and are in the process of finding new lawyers. No trial date is scheduled in either the Smartmatic or Dominion cases.

Ever the pitchman, Lindell, known as the MyPillow Guy, asked viewers of his webcast who wanted to help to call in and buy his pillows, towels and other products.

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Authors
By Steve Karnowski
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Finance

Fed Governor Stephen Miran to resign after Kevin Warsh is sworn in
BankingKevin Warsh
Fed Governor Stephen Miran to resign after Kevin Warsh is sworn in
By Bloomberg and Enda CurranMay 14, 2026
9 hours ago
Peter Thiel, wearing a white shirt and in front of a red background, holds up a dollar bill.
EnergyData centers
Peter Thiel is leading investment in an ocean data center powered by waves—and the startup is reportedly worth $1 billion
By Sasha RogelbergMay 14, 2026
9 hours ago
PayPal reaches $30 million DOJ settlement over 2020 program for Black-owned businesses
LawDEI
PayPal reaches $30 million DOJ settlement over 2020 program for Black-owned businesses
By Kristen Parisi and HR BrewMay 14, 2026
9 hours ago
Bat deaths over the last two decades have cost American taxpayers in lost crops, higher taxes, and pricier bonds
Environmentfarming
Bat deaths over the last two decades have cost American taxpayers in lost crops, higher taxes, and pricier bonds
By The ConversationMay 14, 2026
10 hours ago
data center
EconomyData centers
Meta’s $10 billion Louisiana data center is getting $3.3 billion in tax breaks—more than seven years of the state’s entire police budget
By Jake AngeloMay 14, 2026
11 hours ago
Cerebras Systems ad on a billboard.
AIChips
Cerebras CEO says AI chip demand is ‘not speculative’ as shares double in blockbuster IPO debut
By Beatrice Nolan and Sharon GoldmanMay 14, 2026
11 hours ago

Most Popular

Despite having a $165 million net worth, Scarlett Johansson says work-life balance doesn’t exist—and the first step to success is admitting that
Success
Despite having a $165 million net worth, Scarlett Johansson says work-life balance doesn’t exist—and the first step to success is admitting that
By Preston ForeMay 13, 2026
2 days ago
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
Politics
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
By Jake AngeloMay 12, 2026
2 days ago
Nearly 50,000 Lake Tahoe residents have to find a new power source after their energy source looks to redirect lines to data centers
Travel & Leisure
Nearly 50,000 Lake Tahoe residents have to find a new power source after their energy source looks to redirect lines to data centers
By Catherina GioinoMay 12, 2026
2 days ago
The airplane fuel shortage is a myth propagated by airlines who want to cancel unprofitable flights, says private jet CEO
Energy
The airplane fuel shortage is a myth propagated by airlines who want to cancel unprofitable flights, says private jet CEO
By Jim EdwardsMay 14, 2026
22 hours ago
Steve Jobs had a 'beer test' he used for interviews at Apple—if he didn’t want to drink with you, you didn’t get the job
Success
Steve Jobs had a 'beer test' he used for interviews at Apple—if he didn’t want to drink with you, you didn’t get the job
By Orianna Rosa RoyleMay 14, 2026
22 hours ago
I spent 8 years building Google Sheets. Now I think apps are on their way out
Commentary
I spent 8 years building Google Sheets. Now I think apps are on their way out
By Zach LloydMay 13, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.