Scottie Pippen Lawsuit -- Shot Down By Federal Judge ... You Weren't Defamed!

Scottie Pippen is not bankrupt -- but according to a federal judge, he cannot sue anyone that said he was.

As TMZ first reported, Pippen sued a TON of media outlets for defamation back in 2011 after they published articles claiming he was broke. As proof he'd never gone belly up, Pippen said he has never worth less than $40 million at any point in the last 10 years.

Pippen wanted $1 million from every media outlet that said his finances were in the toilet.

But a federal judge in Illinois dismissed the case this week, claiming the comments about Pippen's personal finances DO NOT count as defamation. As a result, Pippen was awarded nothing.