Jones, 80, claims he is owed millions in back royalties on some of the superstar's biggest hits and was improperly deprived of a producer credit on music used in the "This Is It" film.
Jones' lawsuit filed Friday in Los Angeles seeks at least $10 million in damages from the Gloved One's estate and Sony Music Entertainment.
The suit claims Jackson's estate re-worked music he produced on Jackson's hit albums "Off The Wall," "Thriller" and "Bad" and then used it in new ventures including the movie and a pair of Cirque du Soleil show without awarding him appropriate compensation.
MICHAEL JACKSON TOPS FORBES LIST OF TOP-EARNING DEAD CELEBRITIES
Jones is asking a judge to force the estate to fork over a full accounting of its proceeds to determine the full scope of his claim.
A lawyer for Jackson's estate said he did not believe the executors did anything wrong.
"The Estate of Michael Jackson was saddened to learn that Quincy Jones has filed a lawsuit seeking money from Michael's estate," Howard Weitzman said in a statement.
"To the best of (the estate's) knowledge, Mr. Jones has been appropriately compensated over approximately 35 years for his work with Michael," he said.