The track – which was also written by Ne-Yo and Afrojack – features the line: "Hustlers move aside, so I'm tiptoein', to keep flowin' I got it locked up like Lindsay Lohan."
In her lawsuit, the 25-year-old star claims "the lyrics, by virtue of its wide appeal, condemnation, excoriation, disparaging or defamatory statements by the defendants about the plaintiff are destined to do irreparable harm to the plaintiff".
Last month, Lindsay – who includes in the lawsuit she is "a professional actor of good repute and standing in the Screen Actors Guild" – settled an unpaid bill for stereo equipment after it was reported Stephen Clark had sued her for $1,180 for allegedly failing to pay for a sound system and its installation in her Californian home.
Following the actress' payment, he said: "She paid and I cancelled the small claims file. Lindsay is actually really nice and I think my invoice got mixed up or something ... It's all good now!"