A legendary comic book creator has filed a billion-dollar lawsuit against his former business partners.
"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 storyteller of our time", the statement said. Entertainment, claiming that the media and entertainment company he co-founded conspired with a pair of its employees to steal his identity. Therefore, Lee is claiming that his signature was either forged to offer POW! exclusive rights to his likeness (something Lee has historically never done), it was taken from another document, or that POW! execs did a "bait and switch", telling Lee that he was signing something other than a document that gave away the rights to his likeness.
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".
Here's the backstory - POW! was sold to a Chinese company called Camsing in 2017, but during negotiations, Lee claims he was in poor health and dealing with vision loss due to macular degeneration. Entertainment over the use of his name and likeness.
Lee's attorney Jonathan Freund has denied the allegations to the Chicago Tribune newspaper. He is blaming the fact his wife, who passed away in July of a year ago, was dying at the time.
The complaint, lodged at Los Angeles County Superior Court, states Lee does not recall signing sale documents, nor having them read to him.
"From now on, I will depend on you, my dear fans, to protect and defend me", he added.
Charges included in the lawsuit were claims of disgusting acts by manager including draining Lee of his blood with the intent of filling up custom-made pens with. This latest lawsuit is just the latest in a string of unusual occurrences in Lee's personal and professional life.
He also alleges that POW! then took control of his social media channels and started impersonating him, and is now seeking damages in excess of $1 billion.
Lee was allegedly robbed by Olivarez, whom he claims coordinated plans to steal a significant sum before illegally purchasing property in his name.