Entertainment Stan Lee Sues Ex-Business Manager for Fraud

02:35  14 april  2018
02:35  14 april  2018 Source:   The Hollywood Reporter

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marvel. As an employer, Stan Lee is a world-class villain — at least, if a new lawsuit filed against In July, Joan Celia Lee filed a case against him alleging contractual fraud . short changing her domestic help, and Sly Stone winning millions after suing his ex - manager -- stars often turn to the courts to

Spider-Man co-creator Stan Lee is no hero to one ex -sidekick who is suing him for alleged “severe and constant” mental abuse while working for the Marvel Comics icon.

Stan Lee wearing glasses and smiling at the camera © Provided by The Hollywood Reporter Stan Lee is fighting back against at least one person who he believes has been stealing from him following The Hollywood Reporter's in-depth investigative piece about alleged elder abuse and an ugly battle over his estate.

In a complaint filed Friday in L.A. County Superior Court, Lee claims Jerardo Olivarez is one of many "unscrupulous businessmen, sycophants and opportunists" seeking to take advantage of him following the death of his wife Joan Lee in July 2017.

"[W]hile Lee was in great distress over this severe loss, Olivarez and other Does working together, fired his banker of 26 years," writes attorney Jonathan Freund in the complaint. "They also fired his lawyers of many years and caused approximately $4.6 million dollars to be transferred out of Lee's Merrill Lynch Account without Lee's authorization."

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Alyssa Milano and her husband, David Bugliari, are suing her former business manager for allegedly leaving the couple “with millions of dollars of debt and their credit in ruins,” according to court documents obtained by PEOPLE.

The IRS and the Justice Department are investigating whether the Management Group committed fraud and money laundering. The investigations are the latest episodes in an ongoing legal battle between Depp and his former business managers , after the actor sued the firm for million in

Olivarez, who was introduced to Lee by his daughter J.C., then convinced Lee to give him power of attorney, according to the complaint. The manager also allegedly tricked Lee into loaning $300,000 to a fake non-profit organization dedicated to racial peace, bought an $850,000 condo in West Hollywood without his approval, removed almost $1.4 million from Lee's accounts through a series of wire transfers, and used his position as a fiduciary to modify Lee's will.

Lee is suing for conversion, fraud, financial abuse of an elder and misappropriation of his name and likeness.

Olivarez has not yet responded to a request for comment on the complaint, which is posted below. 

But Olivarez did speak with THR for the investigative piece published April 10.

Stan Lee furious over elder abuse claims

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Stan Lee ’s Ex -Assistant Sues , Citing Wrongful Firing And Emotional Distress. The suit states that after initially being hired to set up and help manage a booth at Stan Lee ’s ComiKaze convention in November last year – and then being told by Stan that he had done a “sh-tty job” and called the booth

Frank Miller is being sued by his ex - manager , Mark Lichtman, who says he's entitled to 10% of Miller's earnings from entertainment deals. Bleeding Cool Talks to JC Lee About Stan Lee , Ahead of his Return to Comic Shows Today.

"Mr. Lee told me I had given him a new lease on life after Mrs. Lee's passing," Olivarez said. "I had looked out for him during recent contract negotiations with Pow! [Entertainment, the production company Lee co-founded in 2001.] He gave me a check as a thank-you."

He said that Lee is on the title to the $850,000 condo, because after Olivarez allegedly received unspecified death threats, Lee wanted him to live close in "a secure building where he thought I'd be safe."

Pictures: Stan Lee's career

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