Don Felder, who joined the Eagles [ tickets ] as a guitarist in 1974, has filed suit against band members Don Henley and Glen Frey, alleging that he was ousted from the Eagles during a "sham board of directors meeting" last week, according to published reports.

The suit, which was filed in Los Angeles Superior Court on Friday (2/9), claims that Henley and Frey have been unfair in their dealings with him and former band members Randy Meisner and Bernie Leadon, according to a Los Angeles Times report.

"Despite each being a one-third owner of Eagles Ltd., Henley and Frey have consistently treated Felder as a subordinate, with complete disregard for his rights," the lawsuit states, according to the Associated Press. Felder also owns a one-third share in Eagles Ltd., the company that serves as an umbrella for the band's business interests.

Felder's suit asks for an accounting for all business transactions by Eagles Ltd., and also calls for the liquidation of the band’s business operation. The information he seeks relates to royalties from record sales and income from touring and merchandise.

"The action of terminating Felder's relationship with the band was taken because it was in the best interest of the Eagles," Eagles attorney Daniel Petrocelli told the Hollywood Reporter. "The Eagles had every legal right to do so, and any claim by Felder to the contrary is completely without any merit. We don't feel it's appropriate to litigate the case in the press. The case will be determined in court, and we're confident that the position of the Eagles will be fully vindicated."