Stan Lee Files Billion Dollar Lawsuit

Stan Lee

Stan Lee is back in the headlines–and is back on social media!

The creator of Spider-Man, the Avengers and Marvel has filed a billion dollar lawsuit against his former company, POW! Entertainment, and current CEO Shane Duffy, and Gill Champion, claiming they tricked him into signing documents that handed over the company to the Chinese, which includes the use of his name. 

The lawsuit says Stan Lee would have never signed the documents in 2017 and claims he was in poor health, dealing with vision loss due to macular degeneration, and he was also grieving over the death of his wife, Joan.

Stan Lee says he would never have signed over the use of his name – “the most important and prized possession Lee and his family owned his entire life” – and points to the fact he wouldn’t let Disney use his name when he signed a million dollar movie deal with them (via TMZ).

The legendary creator has also recently gained control of his Twitter account and posted for the first time ever, including a video to the fans.

“I just want to tell you, I love your comments on Twitter,” Lee tweeted. “I don’t know how much I have been missing now that I seem them. I just want you to know that I appreciate everything you say and do. I love you all, and let’s keep up this great relationship. Excelsior!”  

About The Author