STAN LEE Files $1B Lawsuit Against POW! ENTERTAINMENT


STAN LEE Files $1B Lawsuit Against POW! ENTERTAINMENT

Carla Harmon
May 16, 2018

Stan Lee's ex-business partners took advantage of a grieving old man battling to save his sight and essentially stole his good name. according to a massive new lawsuit.

However, according to the claim, the defendants were seeking to obtain an exclusive licence to Lee's name, image and likeness on a worldwide basis. The suit says they "conspired and agreed to broker a sham deal to sell POW! to a company in China and fraudulently steal Stan Lee's identity, name, image, and likeness as part of a nefarious scheme to benefit financially at Lee's expense".


Lee claims in the complaint that Duffy and Champion "knew about [his] diagnosis of advanced macular degeneration, which has left him unable to read or drive on his own since about 2015, and they prayed (sic) on his infirmities while he was in a state of disrepair".

The site goes on to state how Lee wouldn't give Disney the rights to use his name when the studio bought Marvel's movie rights for $4 billion in 2009, which could be used as an example to why Lee wouldn't forfeit his name in this case.


Lee explained that he would not have knowingly signed the licence and that he suspects someone induced him into signing the document by using a "bait and switch" tactic, telling Lee that the document was something else. "Lee has yet to provide anyone with the exclusive right to use his identity, image, name and likeness". CEO Shane Duffy and co-founder Gill Champion, either tricked the comic creator into signing over exclusive rights to his name and likeness, or outright forged his signature.

Lee was also recently sued for damages by a masseur who has accused him of sexual misconduct during a massage appointment at a hotel in Chicago.


Lee has been in a whirlwind of lawsuits over the last few months. Lee's Twitter account also alleged that the same entity continues to run Lee's verified Instagram and Facebook acounts. He's now suing his ex-business manager Jerardo Olivarez for fraud, while vials of his blood were used for signatures on comics in Las Vegas without him knowing.

Other reports by iNewsToday

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