‘Wolf of Wall Street’ suits settled

Red Granite, Milchan drop cases; New Regency exec gets exec producer credit

Red Granite Pictures and Alexandra Milchan have settled their legal drama over “The Wolf of Wall Street.”

The parties swapped lawsuits over the film in August, sparked by Milchan’s claim that the production shingle was trying to cheat her out of fees and credits associated with the Martin Scorsese drama.

Red Granite fired back in a counterclaims which asserted it had “no obligation of any kind” to Milchan.

The parties have dropped their respective suits, and Milchan will receive an exec producer credit on the film as well as a financial payment of an undisclosed amount. According to her original suit, the New Regency exec claimed she was entitled to receive a producer credit and hundreds of thousands of dollars in fees from the movie.

Producers are Riza Aziz and Joey McFarland of Red Granite, Appian Way’s Leonardo DiCaprio, Scorsese and Sikelia Prods.’ Emma Koskoff.

Red Granite owns the rights to Jordan Belfort’s best-selling memoir by the same name. Company will fully finance and produce with Appian Way, Sikelia and EMJAG.

Pic is based on Belfort’s tale of a stockbroker who refuses to cooperate in a giant fraud case in the corporate banking world. DiCaprio will also star.

Filed Under:

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Film News from Variety