Rosland Capital, the financial firm that employed former Disney star Erik von Detten, has disclosed more than $63 million in liabilities in a recent bankruptcy filing.
In a disclosure statement dated October 29 and reviewed by Our News Outlet, the company reported owing creditors a total of $63,695,060.86.
The amount was detailed Thursday in a filing with the Los Angeles Division of the Central District of California’s US Bankruptcy Court. The figure was first reported by TMZ.
The bankruptcy proceedings have also drawn scrutiny to von Detten, who creditors accuse of failing to cooperate with an investigation into Rosland Capital. The Official Committee of Unsecured Creditors made the allegation in a motion filed October 14.
According to the motion, the 44-year-old former child actor has not provided key records requested by the committee. The creditors are asking the court for permission to subpoena von Detten for the documents.
Our News Outlet has contacted representatives for von Detten and Rosland Capital for comment but has not received a response.
Rosland Capital, the financial company that employed Disney star Erik von Detten, 44, has reported more than $63 million in debts. Above, in 2024
Von Detten is best known for playing Josh Bryant in the 2001 film The Princess Diaries. Above, with co-star Anne Hathaway
The disclosure follows a lawsuit naming the actor and Rosland Capital in allegations of fraud and elder abuse brought by a married couple.
Norman Greenberg, 97, and Sheila Greenberg, 85, filed the case in Los Angeles Superior Court, according to legal documents obtained by Our News Outlet.
Rosland Capital, which also employed actor William Devane as a spokesperson, is a precious-metals asset management company that sought Chapter 11 bankruptcy protection in July.
In a bankruptcy court filing, the creditors’ committee said it “has begun to piece together the facts which are central to the case.” The committee said von Detten appears to have “played an instrumental part in” the company’s operations and financial collapse.
The committee further alleged that von Detten was “deeply involved in” Rosland Capital and may possess information and records that could assist its investigation.
The filing said the committee’s inquiry indicates that von Detten played an important role in bringing in customers for the company.
In their lawsuit, the Greenbergs alleged that Rosland Capital targeted older consumers by exploiting concerns about financial security and promoting gold and other precious metals as stable investments. They said they contacted the company in 2020 after seeing a television advertisement and were connected with von Detten.
The couple claimed they told the actor they knew little about gold but had approximately $2 million in retirement savings. They alleged that von Detten presented himself as knowledgeable about the metal and assured them he could help manage their investment.
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Our News Outlet has also sought comment from representatives of the Official Committee of Unsecured Creditors and the Greenbergs but has not heard back.
Our News Outlet obtained court documents filed by attorneys for the elderly couple against von Detten, above in The Princess Diaries, and his employer, Rosland Capital
The couple alleges they ordered Lady Liberty gold from von Detten in two purchases totaling about $1 million but never received the coins; instead, the coins were sent to a storage facility. Above, in June 2006
The Greenbergs alleged that they placed two orders for Lady Liberty gold through von Detten, spending roughly $1 million, but never received the coins. Instead, they said the purchases were sent to a storage facility, after which von Detten allegedly arranged another $1 million coin purchase.
They later claimed they discovered that the coins were worth considerably less than the amount they had paid and had been sold at a substantial markup.
According to the lawsuit, the couple invested $2.1 million in total, while the coins were worth only about $1.3 million.
They are seeking $900,000 in damages to recoup their alleged losses, along with punitive damages.
Rosland Capital filed for bankruptcy in July after facing severe financial pressure, along with a series of customer complaints and lawsuits. The company’s employees had been dismissed the month before, in June.
Von Detten played lead character Andy “Brink” Brinker, above left, in the 1998 Disney Channel cult classic Brink!
He also had a recurring role as Clu Bell, above right, in the children’s supernatural series So Weird from 1999 to 2001
Von Detten also supplied the voice of Sid in the original 1995 Toy Story film
He voiced the gorilla Flynt in Disney’s 1999 animated film Tarzan
The precious-metals firm’s business involved selling physical gold and other metals, as well as offering them through individual retirement account investments.
Von Detten, meanwhile, was a child actor whose best-known role was Josh Bryant in The Princess Diaries, released in 2001.
He also starred as Andy “Brink” Brinker in Brink!, the 1998 Disney Channel cult film, and played recurring character Clu Bell on the children’s supernatural series So Weird from 1999 through 2001.
His voice credits included Sid in the original Toy Story, released in 1995, and the gorilla Flynt in Disney’s animated feature Tarzan, released in 1999.
