User blog:ARTaylor/Stan Lee Settles Legal Battle

Stan Lee reached a deal to resolve litigation challenging his control over POW! Entertainment, putting an end to the multimillion dollar dispute with former shareholders.

For the past year, Lee has been fighting with Valerie Barth and Ron Sandman, who believe that Lee robbed them of the company they formerly controlled. POW! sued Barth and Sandman for breach of contract and fraud. Barth countered that Lee and POW! were conspiring to inflate the worth of POW!'s assets violating security laws, and that Lee misrepresented his hold over intellectual property while downplaying threats from his previous company Stan Lee Media Inc.

The two sides have now found a way to resolve their differences, though the terms of the agreement are currently confidential.

In the meantime, Lee's fight with SLMI is still ongoing. The lawsuit by SLMI against lee is pending in a California federal court. The Second Circuit Court of Appeals denied the company's attempt to vacate a judgment between Lee and Marvel Entertainment. Both sides are currently waiting for a judge's word on whether the case is going to proceed.