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It looks like another battle is in the books for Stan Lee. After a series of concerning events, the beloved comic creator is said to be lawyering up against his former production company for a hefty sum.
According to a new report by TMZ, Lee is suiting POW! Entertainment and its current executives for a staggering $1 billion. The lawsuit alleges that CEO Shane Duffy and Gill Champion swindled an ailing, bereaved Lee into parting with his name. The writer claims the duo tricked him into signing the legal papers which gave away the exclusive rights to his name, image, and likeness. And, at worst, the lawsuit claims Duffy and Champion may have simply forged Lee’s signature.
For those of you confused, a bit of backstory may be needed. Back in 2017, POW! Entertainment was sold to a Chinese company known as Camsing. However, the ordeal went down while Lee says he was in poor health and coping with vision loss due to macular degeneration. On top of that, the sale coincided with the death of his wife Joan, an event that left Lee in mourning.
As the lawsuit claims, Lee had no idea what the terms of the sale were due to his dwindling condition. POW! Entertainment needed to get permission from Lee to use his name, but Lee says he would have never done such a thing. In fact, the lawsuit calls the writer’s name his “most important and prized possession” that he would never sign over. It even points out that…
