Marvel-ous: Comic Legend Sues for $1 Billion

Spider Man by flickr user Kim, licensed by Creative Commons.

Caught in a web of lies

The 95-year-old creator of popular super hero franchises such as Spider-Man, X-Men, and The Avengers has filed a billion dollar lawsuit against a Chinese company. Stan Lee, the former editor-in-chief of Marvel Comics, is claiming that Pow Entertainment duped him into signing over his likeness, naming rights, and creative properties. The lawsuit was filed in a California court and named his former business partners, Gill Champion and Shane Duffy, as those responsible. When reached for comment, the defendant’s responded saying that the accusations were “preposterous”. Pow Entertainment was sold to a Hong Kong-based firm in 2017. This is the latest in a series of unfortunate events for Lee, who had his identity stolen late last year when a condo in Los Angeles was sold for almost $900k, with Lee claiming that almost $5m has gone missing from his bank account over the years. Read More

Posted in Uncategorized

Supreme Court Takes Gamble on Sports

Casino by Flickr user Judy Baxter, Licensed by Creative Commons

Place your bets

A cheer could be heard from residents across the tri-state area (New Jersey, New York, and Connecticut) when the decision came through. After 6 years of failure, the Supreme Court decided against a law preventing U.S. States from allowing its citizens to gamble on sports. New Jersey is at the top of the list and looks to use their newly found legislative freedom to pump life back into the struggling Atlantic City. While sports gambling is already legal in Nevada, this decision will allow each state to decide whether or not they accept bets on all major league sports, including the NFL, MLB, NBA, and NHL. The Professional and Amateur Sports Protection Act, passed in 1992, allowed Nevada (and specifically Las Vegas) to become the mecca of sports gambling, and since then other states across the country have been left in the financial dust. Read More

Posted in Uncategorized

False Advertising? Cry Me a River

City Java smoothies, by flickr user Ken Hawkins, licensed by Creative Commons.

Berry, berry interesting.

As temperatures rise during spring and summer months, who doesn’t enjoy an ice cold beverage? Apparently, there are a group of people who would rather file a lawsuit claiming false advertising than sit back, relax, and pop open a tasty drink. The product is Bai, owned by the Dr. Pepper Snapple Group, and the lawsuit claims that the fruity beverage actually contains a bid of “malic acid”, most likely used to give the drink a little bit more flavor. It has recently come out that even the drink’s sponsor has been named in the lawsuit; yes, American musician Justin Timberlake is the “Chief Flavor Officer” at Bai Brands. The lawsuit was filed by a single person in the state of California, but could become a class action lawsuit if more people enter the fray. Read More

Posted in Uncategorized

Ink Not Dry on LeBron Tattoo Lawsuit

Basketball, by flickr user Ryan Fung, licensed by Creative Commons.

Heating up

The world of video games has become very realistic as technology continues to advance. In the 1980s and 1990s, the additions of player’s actual names in sports games was a huge step to creating a more immersive experience. In the 00’s, the blank faces and stares of old video game character models became much more realistic, if not lifelike, replications of famous athletes. Today, guys like LeBron James in Take-Two Interactive’s NBA 2k series is a dead-on representation, right on down to the tattoos. However, this has now caused a brand new issue and interesting talking point. A tattoo company with copyrighted images of the tattoo work has filed a lawsuit, claiming copyright infringement.   Read More

Posted in Uncategorized

Bitcoin: Getting Cryptic with Coinbase

bitcoin, by pixabay user MichaelWuensch, licensed by Creative Commons.

Coinbase off base?

The world of bitcoin and cryptocurrency is very… well, cryptic. The exchanging of “internet money” with fluid values that rise and fall is reminiscent of the stock market, without any government regulation. As more people learn what crypto is and how it works, there are going to be players that become the gold standard in the space. Unfortunately, there are also going be people who can find ways to profit from it. With no one to regulate what goes on, would it be possible for a “CEO” from a crypto startup to steal money from his own clients? This is the latest issue with the most popular cryptocurrency exchange platform, Coinbase, which is being sued after they failed to raise alarms about a money laundering scheme. The case is now going to a jury trial after the Eleventh Circuit Court of Appeals denied an appeal in district court. Read more

Posted in Uncategorized