United Kingdom, Oct. 21 -- Erik von Detten has been accused of elder abuse and fraud in a new lawsuit.

The 44-year-old former actor, who is known for roles in The Princess Diaries, Brink!, Toy Story and more, is facing legal action after an elderly couple accused him and now-bankrupt Rosland Capital of elder abuse, fraud, constructive fraud, breach of fiduciary duty and conversion.

According to the lawsuit, which was filed in May with the Superior Court of California, von Detten and the precious-metal asset management firm exploited the couple's "fears and vulnerability".

Shelia, 85, and Norman Greenberg, 97, have alleged that von Detten and the company claimed "the ancient stability" of gold and other precious metals could help them a...