A New York bar owned by Fall Out Boy's Pete Wentz has been shut over allegations bar staff served alcohol to minors, according to reports.

Angels & Kings, located in Manhattan's East Village, was apparently closed on Friday by court order.

A spokesperson for the venue told People there was “an outstanding legal issue which the owners are now working to correct”.

The latest legal action is Angels & Kings' third citation this year, although the previous two were thrown out of court, according to the US publication.

Wentz, husband of Ashlee Simpson, bought the bar two years ago.