- BusinessThe Wrap
Jordan Belfort, who served as the inspiration for the hit 2013 film “Wolf of Wall Street,” is suing the production company behind the film for $300 million, saying they lied to him when he first agreed to sell them his rights.In the lawsuit, Belfort states Red Granite Productions co-founder Riza Aziz represented the company as a “legitimate and legally funded film production company.” Belfort says he relied on that representation when he agreed to make the deal with Red Granite, which eventually released “Wolf of Wall Street” in 2013. The film made over $300 million at the box office.Belfort alleged that after the film’s release, he learned that Red Granite was not, in fact, “legitimately or legally funded when they acquired Belfort’s rights.” He says he was “blindsided” to learn about the true source of the company’s funding — Aziz has been accused of laundering $248 million into Red Granite — and says Red Granite and Aziz “concealed these criminal acts and funding sources from him.”Also Read: 'The Wolf of Wall Street' Producer Riza Aziz Charged With 5 Counts of Money Laundering in Malaysia“Had he known,” the lawsuit states, “he certainly would have never sold the rights.”In the lawsuit, Belfort says Red Granite has “tainted” his rights going forward and has failed to maximize those rights due to the highly-publicized scandal.Belfort is suing for fraud, negligent misrepresentation, violation of the RICO Act, breach of contract and breach of the covenant of good faith and fair dealing. He is seeking $300 million in damages and wants his deal with Red Granite voided.Matthew L. Schwartz of Boies Schiller Flexner, an attorney for Red Granite, tells TheWrap, “Jordan Belfort’s lawsuit is nothing more than a desperate and supremely ironic attempt to get out from under an agreement that for the first time in his life made him rich and famous through lawful and legitimate means.”Pamela Chelin contributed to this report.Read original story ‘Wolf of Wall Street’ Subject Jordan Belfort Slaps Production Company With $300 Million Fraud Suit At TheWrap
Lindsey Graham, meet Lindsey Graham.
- PoliticsAssociated Press
New Hampshire is getting its first campaign rally of the 2020 campaign season from President Donald Trump, and it will be held on the eve of the state's first-in-the-nation presidential primary. Trump's Republican reelection campaign on Thursday announced a Feb. 10 “Keep America Great” rally at the SNHU arena in Manchester. New Hampshire holds its presidential primary on Feb. 11.
WASHINGTON/CHICAGO (Reuters) - Boeing Chief Executive Dave Calhoun told reporters on Wednesday the U.S. planemaker expects to resume 737 MAX production months before its forecasted mid-year return to service and said it did not plan to suspend or cut its dividend. The company announced a production halt in December, when the global grounding of the fast-selling 737 MAX following two deadly crashes in five months looked set to last into mid-2020 -- a timeline pushed back after Boeing endorsed new simulator training for pilots. "I am all in on it and the company is all in on it," Calhoun said, adding Boeing will not launch a marketing campaign to get customers to get back on 737 MAX planes.
Aaron Rodgers on Questioning Religion Back in 2017
- CelebrityYahoo Canada Style
Canada is welcoming Harry and Meghan with open arms.
- WorldYahoo Style UK
The new strain, 2019-nCoV, has the potential to infect anyone.