Showbiz
© Rex Features
In the lawsuit obtained by TMZ and filed in LA County Superior Court on Monday, the actor alleged that the advisors forged his signature on documents which later caused him to lose $10m (£6.4m) in "loans [he] did not need or want".
He also claimed that they had stolen multiple royalty checks from various film projects, including $600,000 (£387,634) for his part in Brokeback Mountain.
Quaid went on to accuse the advisors of working with City National Bank to use his earnings towards counterfeit real estate loans.
The suit did not state how much he will seek in damages but is said to imply 'astronomical' figures.
More: Randy Quaid, Showbiz
Previous: Lohan rehab release 'to come this week'
Related Stories
Ten Things About...
Ten Things About... Ridley ScottWe find out ten fast facts about the English producer and director.
Interviews
'Angels' Share' Ken Loach interviewKen Loach, Paul Laverty and Paul Brannigan on their whiskey-soaked comedy.
Fashion & Beauty
Duchess of Cambridge's memorable momentsFlick through a gallery of Kate Middleton's stand-out public appearances.
Celeb Birthdays
Marilyn Monroe: Life and career in picsFlick through our gallery on what would have been Marilyn's 86th birthday.
