"We are not aware of anyone filing a civil action, or reporting these issues to the police, which for any genuine claim would be the more appropriate way for it to be handled", Tom Lallas, Lee's lawyer, said in a statement to the site.
Stan Lee denies sexually harassing female nurses in his home in Hollywood, California. The company says that they have spoken to Lee directly, but they discontinued their work with him 2016.
Three days ago saw it reported that Marvel Comics creator Stan Lee has been accused of sex abuse and sexual harassment.
Lee is the former president and chairman of Marvel and co-created Spider-Man, the Fantastic Four, Iron Man, the X-Men, Hulk among many other beloved comic book heroes.
It is alleged that the nonagenarian asked nurses for "oral sex" in the shower and to be "pleasured in the bedroom" according to a story published by the Daily Mail.
Stan Lee is said to be worth around $50 million.
She alleges that she arrived to give him a massage only to find him and his manager Max Anderson intoxicated. He then started to masturbate while she was massaging him.
According to the source, Lee got "very handsy and groped some of the women", as they performed their duties like taking his blood pressure and ensuring he took his medication.
Reports quoted Lee's lawyer stated, "Lee "categorically denies" the "false and despicable" allegations and fully intends to clear his "stellar good name" and suggested the allegations could be part of a shakedown".
Lallas added that instead, Lee is being "extorted" with demands for pay and is being threatened if he does not comply.
Lallas' statement to the Daily Mail read that Lee has received demands to pay money and threats that if he does not do so, the accuser will go to the media. Mr Lee has not offered any money to settle this claim, and no negotiations have ever occurred regarding any payment to this accuser. In July of 2017, Lee was widowed when his wife of 70 years, Joan, passed away.
The allegation is the latest to hit Lee and comes after DailyMail.com revealed he as been hit with several allegations of sexual assault and harassment by nurses caring for him at his Hollywood Hills home.