Mike Lindell Is Broke, May Lose Legal Team After 2020 Election Lawsuits: ‘We’ve Lost Everything’ | Eastern North Carolina Now

    Publisher's Note: This post appears here courtesy of the The Daily Wire. The author of this post is Tim Pearce.

    Pillow magnate Mike Lindell is broke and millions of dollars behind on legal fees after lengthy court battles over his election fraud claims.

    Lindell's legal team filed to separate from him on Thursday, citing "millions of dollars" in unpaid bills. The "My Pillow Guy" said he is not trying to stiff his attorneys, he simply cannot afford to pay them, according to NBC News.

    "We've lost everything, every dime," Lindell said. "All of it is gone."

    The law firm of Parker Daniels Kibort LLC (PDK), which represents Lindell, said that continuing to represent the businessman is becoming untenable and "future fees and costs will amount to millions of dollars in addition to the millions of dollars already owed" unless the parties part ways.

    "At this time, Defendants are in arrears by millions of dollars to PDK," attorneys at the firm told the court in a filing. "PDK is a small litigation and trial firm in Minneapolis, MN and cannot afford to finance Defendants' defense in the Litigations."

    Lindell is fending off defamation lawsuits from the election systems companies Smartmatic and Dominion Voting Systems and a third lawsuit from former Dominion employee Eric Coomer related to Lindell's claims of election fraud in the 2020 election. Smartmatic is seeking $1 billion in damages, while Dominion is seeking $1.3 billion, according to the Associated Press.

    Lindell is also fighting an arbitration court's decision that he owes $5 million to the claimant of a "Prove Mike Wrong" contest. Lindell had invited anyone to provide evidence that his claims about the 2020 election were false in exchange for the prize money.

    Lindell said that media coverage of him after the 2020 election led to his being "canceled" by lenders. "They took away my borrowing because of all you guys in the media," he told NBC News.


    Lindell acknowledged in July to Minnesota's StarTribune that his company had begun auctioning off hundreds of pieces of equipment, as well as subleasing manufacturing space as My Pillow met stiff financial headwinds. The businessman said his company's revenue plummeted after several retail networks cut ties with him over his claims about the 2020 election.

    "It was a massive, massive cancellation," Lindell said at the time. "We lost $100 million from attacks by the box stores, the shopping networks, the shopping channels, all of them did cancel culture on us."

    Lindell said he would continue to pursue his election fraud claims despite his ruinous financial position, telling NBC, "I will never stop trying to secure our elections."