Film Fridays – Stan Lee files $1 Billion lawsuit against POW! Entertainment

Posted on May 18, 2018 by thehollywoodlawyer in Blog, comics, Entertainment Legal, Film, Industry / Client News, Television // 0 Comments

Stan Lee is back in the headlines–and is back on social media!

The creator of Spider-Man, the Avengers and Marvel has filed a billion dollar lawsuit against his former company, POW! Entertainment, and current CEO Shane Duffy, and Gill Champion, claiming they tricked him into signing documents that handed over the company to the Chinese, which includes the use of his name.

The lawsuit says Stan Lee would have never signed the documents in 2017 and claims he was in poor health, dealing with vision loss due to macular degeneration, and he was also grieving over the death of his wife, Joan.

Stan Lee says he would never have signed over the use of his name – “the most important and prized possession Lee and his family owned his entire life” – and points to the fact he wouldn’t let Disney use his name when he signed a million dollar movie deal with them (via TMZ).

– Excerpt from an article written by Matt McGloin for Comic Book News. Find the full article here.

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