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Stan Lee files suit against Pow! Entertainment

IANS  |  Los Angeles 

Marvel icon has filed a billion dollar lawsuit against Entertainment, alleging that the business partners took advantage of his declining eyesight.

Lee founded in 2001 and sold it last year to Camsing International Holding, a Hong Kong company.

According to the suit, Lee has -- which causes deteriorating eyesight. The suit alleges that took advantage of his condition to get him to sign away an exclusive right to use his name to the Chinese company, reports

The filing follows a similar suit brought last month against Jerardo Olivarez, a former publicist and The suit accused Olivarez of draining Lee's accounts of $1.4 million and using his blood to create a commemorative stamp without Lee's consent.

The new suit also mentions Olivarez, though he is not named as a defendant. The suit claims that Olivarez and two other men, and Gill Champion, asked Lee to sign over a non-exclusive right to his name to

However, the document that ultimately was signed granted an exclusive right, against Lee's wishes, according to the suit. The suit claims that Pow! was also given the right to use Lee's Twitter, and accounts.

The suit, brought by of Alpert, Barr & Grant, seeks to rescind the license agreement as well as "damages in excess of one billion dollars".



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, May 16 2018. 13:12 IST