The elder Lohan has engaged the South Florida firm TransMedia Group and its founder Tom Madden to co-write and publicize his book, "I'm Not Your Daddy Dearest ... If I Can Turn My Life Around, So Can You."
"So much of the press Lohan receives misfires as it characterizes him as 'a drug-abusing, felonious stock trader' as opposed to the decent, honorable guy I know," Madden said in a statement Monday. "Readers of his tell-all memoir will meet a very different Michael Lohan -- the real one."
Michael Lohan is a frequent guest on reality and talk shows. He made headlines last month when his on-and-off girlfriend Kate Major gave birth to their son.
He also has four children, including Lindsay, with his ex-wife Dina Lohan, and DNA tests proved in November he fathered Ashley Horn during an extramarital affair nearly two decades ago.