Stan Lee has been in the news quite a bit of recent, with sexual misconduct allegations against him in Chicago and a lawsuit he filed against his ex-business manager who allegedly tried to sell vials of the comic book legends blood as collectibles in Las Vegas.
However, according to the claim, the defendants were seeking to obtain an exclusive licence to Lee's name, image and likeness on a worldwide basis.
Lee also points to the fact he even refused to give Disney the right to use his name when he struck a multi-billion dollar deal with the movie company.
The curious case of Stan Lee has made waves across the Internet ever since Lee was diagnosed with pneumonia and hospitalized with an irregular heartbeat this February.
Lee claims that Duffy and Champion failed to disclose the full terms of the company's sale to Hong Kong-based Camsing International in 2017.
According to the suit, Lee formed POW!, a media production company, with Champion and Arthur Lieberman.
The production company was sold to the Chinese company Camsing a year ago, but Lee argues that he was unaware of the negotiations and that he never would have knowingly signed his name on a document that gave away his name. Apparently POW! had to get a sign-off from Lee to use his name, and he claims he never signed any contract. "Upon her death", it reads, "Lee at age 94 became the target of various unscrupulous businessmen, sycophant and opportunists who saw a chance to take advantage of Lee's despondent state of mind, kind heart and devotion to his craft - a devotion that often allowed him to overlook the bad intentions of others when it came to his property".
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.
Adam D.H. Grant and Jennifer Levin Stearns of Alpert, Barr & Grant are representing Lee in the suit, which punitive and compensatory damages in excess of $1 billion.
TheWrap has reached out to Camsing for comment on the suit.