Stan Lee levies one billion dollar lawsuit against POW! Entertainment

Stan Lee starts $1bn brawl over his name and likeness

Stan Lee's ex-business partners took advantage of a grieving old man battling to save his sight and essentially stole his good name. according to a massive new lawsuit. "Inc. the exclusive use of Lee's identity, name, image, and likeness as described in further detail below", the suit continues.

Lee says previous year Duffy and Champion, along with his ex-business manager Jerardo Olivarez, whom he's now suing for fraud, asked him to sign a non-exclusive license with POW! for the use of his name and likeness in connection with creative works owned by the company.

Stan Lee at the Avengers: Infitiy War premiere in Los Angeles. Entertainment, the company he co-founded in 2001 for one billion dollars.

Here's the backstory - 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.

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Additionally, Lee claims Duffy and Champion "knowingly made material misrepresentations of fact, and forged or fraudulently obtained a signature from Lee to give POW! Lee has yet to provide anyone with the exclusive right to use his identity, image, name and likeness".

In addition to the $1 billion, Lee is asking for an order to get the rights to his name back.

Lee was also recently sued for damages by a masseur who has accused him of sexual misconduct during a massage appointment at a hotel in Chicago. Charges included in the lawsuit were claims of disgusting acts by manager including draining Lee of his blood with the intent of filling up custom-made pens with. A rep for Lee did not return PEOPLE's request for comment at the time.

He's now suing his former business manager Jerardo Olivarez for fraud, accusing him of mismanaging his affairs and embezzling millions of dollars, at the time when he was grieving over the death of Joan Lee in 2017. The filing follows a similar suit brought last month against Jerardo Olivarez, a former publicist and business manager to Lee. "She was the girl I had been drawing all my life", Lee once recalled of his late wife.

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