Hacker posed as a Family Member, posted an Obituary on his page.

Michael Davis, the Co-Founder of Milestone Comics is the recent victim of a Social Media hoax, Mr. Davis woke up this morning to find that there were reports circulating that he had died, committed suicide on his birthday. Davis reached out to Rich Johnston, the owner of Bleeding Cool and Michael confirmed he was still alive and the reports were false.

Credit: Milestone, Michael Davis, CBR

The identity of the person or persons behind this hack is unknown at the moment, Mr. Davis spoke to Johnston for a long time and showed that his Social Media accounts were hacked. This was from his Social Media Accounts front page:

It is with much sadness we’re sharing this, my cousin, Michael Davis took his life early this morning. Details about services are forthcoming.
Michael was in constant pain bodily and mentally. We hope he is finally at peace.
The Family

Who would target Michael Davis, and why? We do not have an answer right now but it is great to see him alive and in good health.