Stan Lee Withdraws $1 Billion Lawsuit Against Pow! Entertainment
Stan Lee has withdrawn his $1 billion lawsuit against his former company Pow! Entertainment less than two months after its filing.In the suit, Lee said he was taken advantage of when he was in an emotionally and physically fragile state.“The whole thing has been confusing to everyone, including myself and the fans, but I am now happy to be surrounded by those who want the best for me,” Lee said in a statement on Monday.
“I am thrilled to put the lawsuit behind me, get back to business with my friends and colleagues at Pow! and launch the next wave of amazing characters and stories!”The initial May filing against current Pow! CEO Shane Duffy and co-founder Gill Champion, stated that the two had “conspired and agreed to broker a sham deal to sell Pow! to a