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Forget woke.... Go Trump... Go Broke!
Oh, and your likelihood of ending up in jail rises too!
MONEYWATCH
MyPillow is auctioning equipment after a sales slump. Mike Lindell blames "cancel culture."
...MyPillow,... CEO Mike Lindell, is auctioning off more than 700 pieces of company equipment, ranging from forklifts to office desks and cubicles.
Lindell, a vocal supporter of former President Donald Trump,... blamed the move by customers to pull back on "cancel culture."
... the auction reflects a change from big box and mall store sales to a direct-to-consumer approach.... after stores like Walmart and Bed Bath & Beyond "canceled" his product and that the company has a large amount of inventory to deal with.
"It was a massive, massive cancellation," Lindell told the Star Tribune. "We lost $100 million from attacks by the box stores, the shopping networks, the shopping channels, all of them did cancel culture on us."
Walmart's online site doesn't show listings for MyPillow products, and the retailing giant last year said it had stopped selling the items in its brick-and-mortar locations.
Other retailers had also suspended sales of MyPillow products, with Lindell in 2021 noting that Bed Bath & Beyond, Kohl's, H-E-B and Wayfair had dropped his products.
...Lindell has continued to peddle such election theories, telling CBS MoneyWatch earlier this year that President Joe Biden "didn't win the election, that's a fact."
On the hook for $5 million
Those debunked theories have caused problems for Lindell in other ways. He had offered to pay $5 million to anyone who could prove a store of computer data he had acquired wasn't, in fact, 2020 election data. But after a computer expert quickly proved the data was bogus, Lindell refused to pay, leading to an arbitration panel ordering him to pay up the $5 million.
Lindell also faces a $1.3 billion lawsuit filed by Dominion Voting Systems, which alleges that the MyPillow chief falsely accused the company of rigging the 2020 presidential election....
Giuliani: Legal quagmires have left him broke
Expenses, charges related to his work for former President Trump
...Rudy Giuliani is staring down hundreds of thousands of dollars in legal bills and sanctions amid numerous lawsuits in addition to the new criminal charges – related to his work for Donald Trump after the 2020 election.
In court on Monday, the former New York City mayor said the legal quagmires have left him effectively out of cash. He even appears to have responded to some of the money crunch by listing for sale a 3-bedroom Manhattan apartment he owns for $6.5 million.
Not including standard legal fees, Giuliani faces nearly $90,000 in sanctions from a judge in a defamation case, a $20,000 monthly fee to a company to host his electronic records, $15,000 or more for a search of his records, and even a $57,000 judgment against his company for unpaid phone bills.
.... He faces potentially perilous court decisions against him in two 2020 election defamation lawsuits as early as this week.
... Giuliani is facing disbarment proceedings in DC and New York. His law license is already suspended – a situation his attorneys say leaves him further hampered from making money. And he is facing a personal lawsuit from an ex-employee filed in May, which he is contesting.
The criminal charges that Fulton County District Attorney Fani Willis brought against Trump, Giuliani and 17 others will undoubtedly add to the former mayor’s legal bills.
That prosecution is separate from the federal election subversion investigation that looms over Giuliani. He is “Co-conspirator 1” in special counsel Jack Smith’s indictment of Trump related to efforts to overturn the 2020 election. ...
...
While all of the legal peril Giuliani now faces revolves around his work for Trump questioning the election’s result,..
By May, Giuliani was more than $320,000 behind in payments to the document hosting company,... “I do not have the funds to pay this amount at this time,” he wrote.
...
Defamation lawsuits piling up
Giuliani is the defendant in several defamation lawsuits for his statements after the 2020 election.
A federal judge in Washington ordered him to pay a portion of the legal bills of Georgia election workers Shaye Moss and Ruby Freeman to cover what they had spent on attorneys litigating evidence-gathering disputes in the case, by July 25. He still hasn’t paid that $89,000, according to court records.
Two weeks later, Giuliani backed down from contesting Moss and Freeman’s claims that he made false statements about them in 2020, saying he wanted to “avoid unnecessary expenses in litigating.”...
The Fox Lawsuits Piling Up on Rupert Murdoch's Desk
New York City's pension funds and the state of Oregon sued Fox Corporation this week—the latest legal headache faced by Rupert Murdoch's company over the alleged broadcasting of lies about the 2020 election.
The lawsuit, filed in Delaware, accuses the Fox News' parent company of harming shareholders by opening itself up to defamation lawsuits, including one Fox News agreed to settle with the voting machine company Dominion Voting Systems for nearly $800 million.
New York City's pension funds are long-term shareholders of Fox Corporation, with shares valued at $27.7 million as of the end of August. Oregon, which joined the lawsuit, holds shares in the company worth approximately $5.2 million.
..."The board of Fox Corporation took a massive risk in pursuing profits by perpetuating and peddling known falsehoods," ...
...Shortly after a Delaware jury was empaneled to hear the case in April, Fox and Dominion agreed to settle the lawsuit for $787.5 million—more than half the profits that Fox reported last year....
...But the company's legal troubles didn't end there.
It is facing a similar defamation claim from the voting company Smartmatic. That lawsuit, filed in February 2021, is seeking $2.7 billion in damages from the company as well as from some Fox anchors
Other Fox Corporation shareholders have also filed lawsuits....
Oh, and your likelihood of ending up in jail rises too!
