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Stan Lee sues company he co-founded

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Comic book businessman Stan Lee filed suit against a company he co-founded in 2001.

The creator of superheroes such as Spider-Man, Black Panther and the X-Men sued Pow! Entertainment for $1 billion.

Lee alleges the company's sale to Camsing International Holding Ltd. in 2017 was a "sham deal." He claims the defendants stole his identity, name, image and likeness.

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