The company behind the now-shuttered Pitchfork Music Festival is suing its co-founder, alleging he misappropriated more than $500,000 in festival funds. Pitchfork Festivals LLC filed a lawsuit Monday in federal court in Chicago accusing co-founder Mike Reed of keeping $564,680 by falsely claiming the money reimbursed expenses he had already acquired while preparing for the 2025 festival before it was canceled. Pitchfork Music Festival, which ran for 19 years at Union Park, was canceled in 2024 a