Stan Lee has filed a lawsuit against Pow! Entertainment and its executives Gill Champion and Shane Duffy, and he is seeking US$1 billion in damages.
The suit states that Pow! Entertainment took control of Lee’s Facebook, Twitter, and Instagram accounts without permission.
The acquisition has led to Camsing acquiring the rights to all of the television shows, games, animation, and comics intellectual property under Pow! Entertainment.
According to the suit, Lee grants non-exclusive rights to his name, and he would not have intentionally signed away exclusive rights.