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Stan Lee drops 'confusing' $1bn lawsuit against his former company

Written By Unknown on Monday, July 9, 2018 | 3:12 PM

The comic book creator has terminated a suit against Pow! Entertainment over claims that he was conned into signing over rights to his identity and likeness

Stan Lee has dropped a $1bn lawsuit against his former company Pow! Entertainment over claims he was conned as part of a “nefarious scheme”.

In May, the 95-year-old Marvel superhero creator launched the suit against the company’s co-founder Gill Champion and its CEO, Shane Duffy, after it was alleged that Lee had been tricked into signing a document giving away rights to use his name and likeness.

Related: Stan Lee: police probe reports of elder abuse against Marvel mogul

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