Erik von Detten Faces Lawsuit Over Gold Coin Purchases

A lawsuit accusing former Disney actor Erik von Detten and precious metals dealer Rosland Capital of misleading an elderly couple over gold investments seeks approximately $900,000 in damages. Filed in May, the case concerns purchases totaling more than $2 million and allegations that the coins were worth substantially less than the couple paid.

According to a report published by TMZ on Tuesday, Sheila Greenberg, 85, and her husband, Norman Greenberg, 97, claim their $2.1 million investment was worth only $1.3 million. They are seeking approximately $900,000 in damages, along with punitive damages.

The lawsuit names von Detten, 44, and Rosland Capital as defendants. The allegations have not been proven in court, and the available source does not include responses from either defendant.

According to the complaint, the couple's dealings with Rosland Capital began in 2020 after they responded to a television commercial for the company. They allegedly disclosed their available savings despite having limited knowledge of the gold market.

The Greenbergs claim they were subsequently introduced to von Detten, who allegedly assured them he had the expertise to guide their purchases. Their initial transactions involved approximately $1 million in Lady Liberty gold coins, according to the lawsuit.

The couple alleges that the coins were placed in a storage facility instead of being delivered to their home. A subsequent transaction increased their total spending to more than $2 million.

The complaint also accuses Rosland Capital of taking advantage of older customers by exploiting their financial vulnerabilities and fears. The allegations concern both the value of the purchased coins and the circumstances surrounding the transactions.

Von Detten became known to audiences as a young actor during the 1990s. He voiced Sid Phillips in the animated film Toy Story and appeared in The Princess Diaries, as well as the Disney Channel movie Brink! He later largely withdrew from Hollywood.

The legal action was filed in May, before Rosland Capital filed for bankruptcy several months later. The source does not specify the bankruptcy filing date or provide further details about the company's financial proceedings.

The Daily Beast reported that it contacted von Detten and Rosland Capital for comment. The source did not provide responses from either party, and the allegations remain unresolved in court.