Mike Lindell, the MyPillow CEO and fervent election fraud evangelist, is facing new financial woes amid ongoing controversies. Extend, Inc., a San Francisco, CA company that offers shipping and product protection for direct-to-consumer ecommerce sales, has filed a federal lawsuit accusing Lindell and MyPillow of failing to pay nearly $600,000 in outstanding invoices.
The legal action, filed on August 30, 2024, highlights a deteriorating financial situation for Lindell, already burdened by multiple high-profile legal and business setbacks. According to the lawsuit, Extend entered into a contract with MyPillow in November 2022 to offer shipping and product protection services in exchange for a percentage of revenue generated from these services.
By March 2024, MyPillow was overdue on its payments, and the two companies agreed to terminate their contract with a payment plan. Extend sent an invoice for $110,799.22 in early April, followed by a schedule for subsequent payments totaling $564,151.39. The lawsuit claims that MyPillow missed all scheduled payments and has ignored repeated demands for settlement.
Extend’s lawsuit details how Lindell, who is also known for his involvement in various legal and financial troubles, became unresponsive to payment demands.
“In May 2024, after My Pillow failed to make any of the payments… outside counsel for Extend sent a letter to My Pillow to demand payment,” the lawsuit states, according to San Francisco Business Times. “After repeated further inquiries, Mike Lindell, Chief Executive Officer of My Pillow, emailed on June 23, 2024 that he ‘[w]ill connect this week.’ But Mr. Lindell did not connect, and never did.”
Lindell’s financial difficulties have been mounting over the past few years. His legal battles include multi-billion-dollar defamation suits filed by Dominion Voting Systems and Smartmatic, alleging defamation related to baseless claims of election fraud. He has also faced eviction from a Minnesota warehouse due to unpaid rent, and his credit line with American Express has been significantly reduced.
MyPillow is also reportedly getting evicted from one of its main manufacturing facilities in Minnesota, and Lindell’s defense team is seeking to cut ties with him for failure to cover legal bills, the Business Times reports.
Additionally, Lindell has struggled with a series of public and business setbacks, including providing incorrect information to investors, facing mockery for personal decisions like shaving his trademark mustache, and being embroiled in public disputes, such as a notable confrontation with a young online influencer at the Democratic National Convention.
Despite these challenges, Lindell has managed to fund high-profile events, such as paying for former New York City Mayor Rudy Giuliani’s first-class travel to the Republican National Convention, though he stated that Giuliani’s expenses were covered by FrankSpeech, a company Lindell is associated with.