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.

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