Stan Lee Sues POW! Entertainment for $1 Billion

The prolific comic book creator says he was conned into signing over his name and likeness rights

The prolific comic book creator says he was conned into signing over his name and likeness rights

The epic battles in Stan Lee's comics may be nothing compared to the array of legal fights he's waging - which now includes a billion-dollar lawsuit against the company he co-founded.

Lee's purported complaint alleges that Lee signed a fraudulent contract with POW!, granting them exclusive rights to his name, though the suit claims Lee negotiated a non-exclusive agreement.

He claims the company and two officers tried to steal Lee's identity for financial benefits. "The exclusive use of Lee's identity, name, image, and likeness ... and each of them knew that their objective was unlawful and they meant to aid each other in achieving that unlawful objective", it added.

It says Lee was "in a state of total devastation" and that Champion and Duffy were "opportunists" who "saw a chance to take advantage of Lee's despondent state of mind". He sold it to Camsing Entertainment a year ago. "Lee has yet to provide anyone with the exclusive right to use his identity, image, name and likeness".

Lee has denied those claims too.

The complaint, filed in Los Angeles County Superior Court and published by several U.S. entertainment media outlets, alleges that POW! He is blaming the fact his wife, who passed away in July of a year ago, was dying at the time. 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. The complaint also states that Camsing was given access to his Twitter, Facebook, Instagram accounts against Lee's wishes.

"Lee does not recall anyone reading the Illegitimate Document to him, and, due to his advanced macular degeneration, he could not have read it himself", writes attorney Adam Grant in the complaint. The suit states that Lee can not recall anyone reading to him the terms of the agreement and that he did not knowingly sign the document.

"I just want to tell you I love your comments on Twitter - I don't know how much I have been missing now that I see them", he said. "You guys are my true superheros", posted his account recently.

There has been a great deal of controversy, concern, and confusion surround Stan Lee lately, and now things have taken a new turn with Lee suing POW!

Lee seems intent on regaining control of his life.

Stan Lee is suing his former business partners for a dollar figure that would even make Tony Stark blush.

Lee has faced a similar claim before.

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