Saturday, 17 November, 2018

Stan Lee Files Billion-Dollar Suit Against Pow! Entertainment

A massage therapist is suing producer-writer Stan Lee of Marvel Comics fame for sexual assault and battery A massage therapist is suing producer-writer Stan Lee of Marvel Comics fame for sexual assault and battery
Lora Ball | 17 May, 2018, 16:08

Entertainment for the use of his name and likeness for his creative stroke of genius. Entertainment, has hit back at claims that Stan Lee was tricked into selling the company he founded.

The Marvel Comics legend, 95, founded the firm in 2001, but sold it past year (17) to Hong Kong company Camsing International Holding.

95-year-old Lee says they "forged or fraudulently obtained" his signature, in an attempt to steal his name, image, likeness and identity.

"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", reads the complaint.

When he had first formed POW!, it was meant to be a mere holding company for his vast property used for comics and animation. Camsing then gained exclusive rights to the company and POW!

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"We at POW! Entertainment take great pride in our continuing work to create exciting new Stan Lee content and characters as well as safeguarding the legacy of the greatest story teller of our time", according to the statement. The suit also says POW! was given the right to use Lee's Facebook, Twitter and Instagram accounts. Entertainment for 1 billion dollars.

The complaints also claims that Duffy and Champion took advantage of Lee while he was grieving the loss of his wife Joan in 2017: "Upon her death, Lee at the age of 94 became the target of various unscrupulous businessmen, sycophants and opportunists who saw a chance to take advantage of Lee's despondent mind, kind heart and devotion to his craft". And just days ago in May this year, China's Tianying Media struck a deal with POW! to bring Stan Lee's 1970s comic strip "The Virtue of Vera Valiant" to the big screen with a film titled "The Last Resort".

This is not the first legal wrangle that the Marvel legend is going through, recently, he filed a suit against his former publicist and business manager Jerardo Olivarez. In April, the Hollywood Reporter published a notarised document dated 13 February 2018 and purportedly signed by Lee, that contained claims his daughter had been verbally abusive to him. On Tuesday, he posted a video to fans thanking them for their support, and tweeted: "Help!" You guys are my true superheroes.

Per his current lawsuit, Lee is "seeking an injunction declaring the agreement invalid and unenforceable and damages in excess of $1 billion,"T.H.R. reports".

Lee has been in a whirlwind of lawsuits over the last few months.

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