Stan Lee, Marvel, others sued for $750 million
In a sweeping lawsuit filed Monday, Stan Lee, Marvel and several others were sued for $750 million by shareholders over profits from Stan Lee Media, a comics website that filed for bankruptcy protection in 2001.The lawsuit claims, among other things, that shareholders are entitled to profits from movie ventures based on Lee’s work produced after 1998, which includes the $2.5 billion Spider-Man franchise and Iron Man. Variety has details about the fallout from the site and the new suit, including a swift rebuke from Lee’s camp.
Lee himself has sued Stan Lee Media in the past for a variety of offenses related to the site’s downfall, which included executive arrests. He nevertheless denies that any royalties for his comic creations were part of his role in the company.
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