Stan Lee’s Business Manager Arrested, Suspected of Filing Bogus Police Report

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Keya Morgan, the man who Stan Lee once called his “only partner and business manager,” was arrested on Monday on suspicion of filing a fake police report, the Los Angeles Police Department told TheWrap.

The LAPD did not provide further detail into the circumstances of Morgan’s arrest.

According to The Hollywood Reporter, the arrest likely has to do with a report from earlier this month that said Lee was held at gunpoint at his home by two men demanding money from the 95-year-old Marvel icon.

In April, Lee filed a lawsuit which said that people close to him were duping him out of “tremendous amounts of money.” Filed in Los Angeles Superior Court, the suit said that, after Lee’s wife Joan died last year, the comic-book icon “became the target of various unscrupulous businessmen, sycophants and opportunists who saw a chance to take advantage of Lee’s despondent state of mind, kind heart and devotion to his craft.”

Lee later, however, changed his mind, according to THR, and filmed a video of him distancing himself from the legalese, saying the contents of the documents were false and incorrect.

In May, Lee filed a lawsuit against his former company, POW! Entertainment, and current POW! CEO Shane Duffy and co-founder Gill Champion. The suit claimed they “conspired and agreed to broker a sham deal to sell POW! to a company in China and fraudulently steal Stan Lee’s identity, name, image, and likeness as part of a nefarious scheme to benefit financially at Lee’s expense.”

The suit accused the defendants of obtaining a “fraudulent Intellectual Property Assignment Agreement” which “granted POW! the exclusive right to use Lee’s name, identity and likeness on a worldwide basis in perpetuity, thus taking away the most important and prized possession Lee and his family owned his entire life … In addition, POW! took control of Lee’s personal social media accounts, including Facebook, Instagram and Twitter, thereby impersonating Lee before a combined 15 million followers worldwide.”

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