Adam Fields, 60, has sued Shamrock Capital Advisors claiming he was denied millions in promised “Donnie Darko” royalties.
Fields signed a deal in 2000 entitling him to 4% of the film’s net profits plus a bonus for helping put together the movie, according to the lawsuit filed in Los Angeles.
The veteran producer also worked on hits including “The Breakfast Club” and “Vision Quest.”
“Donnie Darko” starred Jake Gyllenhaal, Drew Barrymore, Patrick Swayze and then-newcomer Seth Rogen.
The $4.5 million film premiered at Sundance in 2001.
It became a cult classic about a troubled teenager haunted by a menacing figure in a rabbit costume.
“The film continues to be exhibited and commercially exploited on multiple platforms, including video on demand services, streaming platforms, physical media sales, and theatrical re-releases,” the lawsuit states.
Profit statements have “consistently reported” no profits available for distribution, according to Fields.
One statement covering the period through Dec. 31, reported more than $6.4 million in gross earnings.
After distribution fees and other deductions, that statement showed net profits at negative $6 million, according to the suit.
Fields questions how a movie made in 28 days for only $4.5 million has failed to turn a profit.
That was despite more than two decades of commercial exploitation.
He also claims a sequel is in development.
Fields says he has been shut out despite an agreement entitling him to participate.
That has cost him “valuable professional opportunities and compensation.”
Fields is seeking damages, access to the film’s financial records and involvement in any “Donnie Darko” sequel.
In the viral moment that spawned this dispute, “Donnie Darko” flopped at the box office in 2001 but found massive success on DVD and midnight screenings. The film’s time-travel narrative and haunting rabbit-suited figure named Frank became iconic. It has since been called one of “The Most Important Sundance Films of All Times.”
The Post contacted Shamrock Capital Advisors for comment.