Legendary comic book creator Stan Lee has filed a billion-dollar lawsuit in which he accuses his former business partners of essentially stealing his name, TMZ reports.
“The comic book legend is going after POW! Entertainment — including current CEO Shane Duffy, and Gill Champion, with whom he co-founded the production company — for a whopping billion bucks … claiming they either tricked him into signing over the exclusive rights to his name, image and likeness — or flat-out forged his signature,” TMZ reports.
TMZ adds: “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. He was also grieving over the death of his wife, Joan.”
Lee reportedly says he didn’t know the sale was happening. “Apparently POW! had to get a sign-off from Stan to use his name, and he claims he would never have put his John Hancock to paper,” TMZ reports. “The lawsuit calls Stan’s name ‘the most important and prized possession Lee and his family owned his entire life.'”