ENTERTAINMENT Responds to STAN LEE Lawsuit

ABC  Richard Cartwright

Marvel's co-creator, Stan Lee has filed a lawsuit that amounts to $1bn against Pow! entertainment for taking advantage of him and his declining eyesight.

The comic-book legend, who is 95, is suing POW!, its co-founder Gill Champion and chief executive Shane Duffy, alleging they brokered a "sham deal" to sell POW! to a China-based company, Camsing.

Camsing, which acquired POW!'s library IP a year ago, is a member of Camsing Global Group, a China business consortium founded by Vivian Lo in Hong Kong in 1996. Lee is also embroiled in a separate lawsuit with Olivarez, having claimed in April that the ex-business manager was one of many "unscrupulous businessmen, sycophants, and opportunists" who sought to take advantage of Lee after the death of his wife, Joan.

According to the documents, Lee had no idea a sale was in the offing.

Lee explained that he would not have knowingly signed the licence and that he suspects someone induced him into signing the document by using a "bait and switch" tactic, telling Lee that the document was something else. Lee is suing the company and its officers for fraud and conversion, essentially claiming its officers stole his "identity, name, and likeness", according to The Hollywood Reporter. Lee and his legal team are looking for the California courts to make the agreement illegal and seeking up to $1 billion in damages.


Over the past weekend, Stan Lee posted a message on his official Twitter account to clarify that all previous posts on his social media accounts were not made by him.

In the suit, Lee alleges that Olivarez managed to convince him to sign a power of attorney to gain control over Lee's assets.

On May 15, 2018, Lee sent out a cry for "help" and claimed that someone had "hijacked" his Facebook and Instagram.

POW! Entertainment later released a statement to deny all of the accusations, "The allegations are completely without merit".

The statement continues, "In particular, the notion that Mr". You are always welcome to come live with me - or please let us fans buy you a new place to live. I don't know how much I've been missing, now that I seen them. How do I get them back? There is no question that Mr. Lee-who along with his daughter was and remains a substantial POW! The evidence, which includes Mr. With accusations of sexual misconduct on Lee's part and accusations of elder abuse against his caretakers, fans have been quite confused and anxious about Stan Lee.

Related News:

  • Paddy Power Betfair confirms talks with FanDuel

    Paddy Power Betfair confirms talks with FanDuel

    Analysts say William Hill would be worst hit by the change, and that the market has already started pricing in such an outcome. FanDuel , founded in Edinburgh, is backed by the likes of Kohlberg Kravis Roberts, Google Capital and NBC Sports Ventures.
    Ford Resuming Output of F-Series After Supplier Fire

    Ford Resuming Output of F-Series After Supplier Fire

    Ford has said its financial results for the second quarter will take a hit, though the exact cost remains to be seen. Dearborn-based Ford put together a team that refurbished and relocated tooling needed to make parts for the vehicles.
    Supreme Court to examine Centre's Cauvery management scheme today

    Supreme Court to examine Centre's Cauvery management scheme today

    The Supreme Court on Wednesday had directed Centre to make a few modifications to the draft it had submitted on May 14. Karnataka and Tamil Nadu have fought over the river for more than a century now.
  • Tennis player Karolina Pliskova takes it out on umpire's chair

    Tennis player Karolina Pliskova takes it out on umpire's chair

    Her coach Thomas Krupa got in on the action, making a rather rude gesture to the TV cameras. The point happened in the final set when Pliskova was serving a 30-30 and five games all.
    Sheriff: Ex-husband kills 5, injures 1 in North Texas home shooting

    Sheriff: Ex-husband kills 5, injures 1 in North Texas home shooting

    Ponder ISD said it had no students or staff listed at the home's address nor any absences that would raise alarms. The sixth person, the ex-wife, was taken to Medical City Denton by ground ambulance, the fire department said.
    Turkey says USA  ruling on Turkish banker illegitimate, not credible

    Turkey says USA ruling on Turkish banker illegitimate, not credible

    In January, a federal jury found Mehmet Hakan Atilla guilty of bank fraud, sanctions evasion and other crimes. Though the prosecution has requested a 15-year jail term, it remains unclear what sentence he will be handed.
  • Fuel Prices: Petrol and Diesel Rates Hiked Nationwide

    Fuel Prices: Petrol and Diesel Rates Hiked Nationwide

    With this, the price of petrol in Delhi inched further close to the previous high of Rs 76.06 a litre , reached in September 2013. In Calcutta, petrol will cost Rs 77.50, up from Rs 77.32, a litre and diesel Rs 66.68, compared with Rs 66.63 earlier.
    BT Plus will grant you unlimited mobile data when your Wi-Fi goes down

    BT Plus will grant you unlimited mobile data when your Wi-Fi goes down

    BT said it will now offer a minimum speed of 100Mbps for its ultrafast home broadband service, with speeds up to 314Mbps. All this amounts to "the UK's first converged, smart network" apparently, a process BT expects to complete by 2022.
    Facebook rolls out Stories archive and voice posts, starting in India

    Facebook rolls out Stories archive and voice posts, starting in India

    Finally, Facebook will let you archive your stories like it does on Instagram so you can save the stories you like the most. These memories can be seen right when you log into your Facebook account and help you save the storage on your smartphone.
  • Victims of USA  gymnastics team doctor Larry Nassar share $500m

    Victims of USA gymnastics team doctor Larry Nassar share $500m

    While this money is now earmarked for certain projects, MSU is not legally obligated to use this money for these purposes. There is no indication as to how much each victim will receive, or how Michigan State University will allocate the funds.
    Judge invalidates state aid-in-dying law; appeal window is narrow

    Judge invalidates state aid-in-dying law; appeal window is narrow

    In a Tuesday statement on Facebook, Packer expressed confidence that Judge Ottolia's ruling will stand. The state attorney was given five days to file an emergency appeal before the ruling will take effect.
    SRO stops school shooter in IL

    SRO stops school shooter in IL

    The shooting unfolded near the school's gym, where students were practicing for graduation, at around 8:00 a.m. local time. She says after she and her classmates heard the shots fired, they were evacuated to Page Park just down the street.


Most liked

Mothercare closing 50 stores with up to 800 jobs lost
As part of its restructuring plan the parenting retail chain confirmed that a further 21 stores will see a rent reduction. Shares in Mothercare were up 4.8 pence at 26.6 pence at 0832 GMT, valuing the business at 46 million pounds.

Leaked Instagram feature shows how much time you waste
He also says tech companies need to be honest with users about the time they're spending online. We expect to see Instagram rolling out all these features in the coming weeks.

'Game of Thrones' star Emilia Clarke hints at shocking season finale
In recent years, Emilia Clarke has played a lot of characters that are neither soft nor vulnerable. She said: "On Game of Thrones , I have always been paid the same amount as my male co-stars".

JUST IN! Lionel Messi speaks with Neymar over transfer to Real Madrid
Should Real Madrid wish to actually deliver the "huge blow" to Messi and their rivals at Barcelona, they may have to get past the Emir of Qatar.

Senator Orrin Hatch Wants Federal Regulation of Sports Betting
Capped Sports also measures sports betting trends using thousands of bots that make the same bet just before a certain team plays. Specifically the law directed state legislatures not to approve or otherwise promote sports wagering.

NZ bowler Mitchell McClenaghan keeps Mumbai Indians' IPL hopes alive
Barring his match-winning knock against Royal Challengers Bangalore, Rohit has failed to live up to the expectations this season. After all, the Mumbai Indians was defending a target at Wankhede Stadium against a unsafe Kings XI Punjab (KXIP) outfit.

Rudy Gobert, Donovan Mitchell, Quin Snyder all up for National Basketball Association awards
But to keep our appetites satiated, the National Basketball Association announced the finalists for each award on Wednesday. Anthony Davis is also up for defensive player of the year alongside Jazz bigman Rudy Gobert and 76ers centre Joel Embiid .

PNB fraud case: CBI files chargesheet against Mehul Choksi, others
On Monday, the CBI had filed its first charge-sheet against Nirav Modi for defrauding PNB to the tune of ₹6,498.28 crore. They all are charged under sections 409, 420, 120B of the Indian Penal Code (IPC).

East Coast rail route through Notts brought back under public control
The government is set to renationalise the East Coast mainline , one of Britain's busiest railway lines. In February Grayling admitted the beleaguered East Coast mainline rail franchise had collapsed .

Meghan Marke's half-sister hospitalised with ankle injury
He says Samanatha, who suffers from MS, hit the car's windshield and fell onto the floor mat, unable to lift herself up. I'm not saying anything about her , but if I'm talking about my life and my father's she has to respect it.

Allan McGregor rejoins Rangers on two-year deal
The veteran shotstopper becomes Steven Gerrard's second signing, following the four-year deal for Scott Arfield from Burnley . Someone gave me a shout two or three weeks ago to say Bomber (John Brown) wanted my number.

Developers Can Soon Choose Which Alexa Voice They Want To Use
The entire idea of a voice masquerading attack is to prolong the interaction time of a running app but without telling the user. More recently, Amazon launched the " Remember This " feature for Alexa, essentially giving the virtual assistant a memory.

Man Threatens Spanish-Speaking Workers: 'My Next Call Will Be to ICE'
He says they were speaking Spanish to customers too, which if they were, assumes those customers also spoke Spanish. Suazo wrote that the video was recorded by his wife while she and her friend were grabbing lunch at the coffee shop.

French Oil Firm May Leave Iran
In a deal first signed in late 2016, Total agreed to operate the South Pars project with a stake of 50.1%. The European Union, also a signatory to the atomic deal, has pledged to take steps to salvage the accord.

Discovery of distant galaxy opens door to 'uncharted period of cosmic history'
If astronomers discovered oxygen in MACS1149-JD1, it meant that inside the galaxy, stars have formed even earlier and died in the galaxy.