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wonder image Stan Lee has dropped his $ 1 billion lawsuit against prisoner of war ! Entertainment , in which he claimed his former production caller stole his name and likeness rights . It ’s been a rough class for Lee , commence last July when his wife of 69 age , Joan Lee , passed away at age 95 . Bad news program go forward to hit Lee in 2018 withclaims allegation of sexual misconduct against him(which he traverse ) , followed by health panic attack including anirregular heartbeat and pneumonia , and story that he wasallegedly the victim of elder abuse , which he also denied were true .
One of the biggest bombshells of Lee ’s tumultuous 2018 came in May , however , when hefiled a $ 1 billion lawsuit against prisoner of war ! Entertainment , the production company he co - founded in 2001 . In the massive lawsuit , Lee aver he was tricked into signing away the right to his name and semblance after POW ! Entertainment was acquired by the Formosan company Camsing International last year . Lee file the suit against POW ! executives and his former business manager , claiming they occupy reward of Lee after he became distraught over his wife ’s destruction , as well as macular degeneration , which have serious vision problems , resulting in him signing over the exclusive rights to his name and likeness ( instead of the non - single accord he think he was signing ) .
Related : Kevin Feige Troubled by Stan Lee Elder Abuse Reports
Now , two months after the legal legal action was file , Lee has decided to sink the suit . According toTHR , Lee released a affirmation Monday saying that he was dismissing the lawsuit against prisoner of war ! He says:“The whole matter has been confusing to everyone , include myself and the fans , but I am now happy to be surrounded by those who need the in force for me . I am thrilled to put the lawsuit behind me , get back to clientele with my friends and co-worker at POW ! and launch the next moving ridge of astonishing lineament and chronicle ! "
POW ! Entertainment released a affirmation reacting to Lee drop the lawsuit , in which Lee also claimed the company hijacked his social media invoice and were impersonating him . In the assertion , POW ! CEO Shane Duffy pronounce : " We are rapturous that this badly - base lawsuit has been dismissed and we expect frontwards to working with Stan again to develop and produce the great projects that were put on clasp when the lawsuit was file . We recently get together with Stan to discuss our path forward and we and [ parent fellowship ] Camsing are proud of with his overpoweringly enthusiastic reaction . "
The dismissal of the cause and the apparent redress Lee has made with POW ! is no doubt a huge , electropositive step ahead for Lee , who will , hopefully , get back to business and become the vibrant part of Marvel that he was before his wife ’s give a year ago . And while Lee is still drag in legal actions – he recently obtained asecond restraining orderagainst his former business manager Keya Morgan after the first one expired – at least he has one less effectual publication to worry about .
The timing of the dismissal of Lee ’s case against POW ! comes not long after the comic Holy Writ caption and fans all over the world mourned the expiration of Lee ’s Spider - Man co - God Almighty Steve Ditko , who passed away at the age of 90 . At age 95 , it ’s reasonable to think Lee was troubled by the loss of one of his former creative cooperator , and as baffle him thinking that he require to make the secure of the years he has leave and get back to making a prescribed impact on the worldly concern he has so greatly influenced .
Next:Stan Lee Elder Abuse Concerns: A Timeline
Source : THR