POW! Entertainment Inc. (fka POWN)

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Stan Lee’s Daughter Files Suit Against His Former Business Partners

https://www.courthousenews.com/stan-lees-daughter-files-suit-against-his-former-business-partners/

“Between 2001- 2017, they misled Stan into believing that he could and should reassign those rights to POW! Entertainment on no less than 6 occasions, each based on convincing Stan he had retained rights that he had in fact validly assigned to Stan Lee Entertainment,” the lawsuit states.

Following Stan Lee’s death, his daughter hired a forensic team of lawyers and accountants to investigate POW! Entertainment.

“In so doing, it was learned the extent to which the rights to Stan Lee’s intellectual property had been looted, muddied and entangled by POW! and a range of bad actors enabled by POW!” the complaint said. “In fact, it was discovered that POW! and Champion had purported to assign Stan Lee’s name and rights of publicity to Camsing International, a demonstrably criminal Chinese enterprise that appears to have taken a majority stake in POW!.”