However, according to the claim, the defendants were seeking to obtain an exclusive licence to Lee's name, image and likeness on a worldwide basis.
"In each instance in which Lee granted a non-exclusive licence, the licensee has offered to pay a fee for the use of his name, image and likeness, but under no circumstances did Lee ever sell off his personal identity, name, and likeness, which he spent 95 years building up".
Stan Lee at the Avengers: Infitiy War premiere in Los Angeles. "Defendants, and each of them, knew that their objective was unlawful and they meant to aid each other in achieving that unlawful objective".
POW! was acquired in 2017 by Hong Kong-based Camsing International, and Lee says POW!
According to the suit, Lee formed POW!, a media production company, with Champion and Arthur Lieberman. It's pointed out that Lee didn't even sign off on the rights to his name when Disney agreed to purchase Marvel in a multi-billion dollar contract.
However, the suit says, Champion and POW!
The suit draws attention to the death of Lee's wife last July, and his degenerative eye condition which has caused his poor eyesight, suggesting he could not have read the documents.
Lee claims in the complaint that Duffy and Champion "knew about [his] diagnosis of advanced macular degeneration, which has left him unable to read or drive on his own since about 2015, and they prayed (sic) on his infirmities while he was in a state of disrepair". "While the Illegitimate Document purports to contain Lee's signature, Lee never knowingly signed it".
Lee also claims POW! took control of his social media accounts and has been impersonating him - something he's recently addressed on Twitter. "Lee has yet to provide anyone with the exclusive right to use his identity, image, name and likeness".
The suit, brought by attorney Adam D.H. Grant of Alpert, Barr & Grant, seeks to rescind the license agreement as well as "damages in excess of one billion dollars".
TheWrap has reached out to Camsing for comment on the suit.