Exclusive: Jordan Belfort, the real-life Wolf of Wall Street, played by Leonardo DiCaprio in Martin Scorsese's film, founded Stratton Oakmont in the late 1980s with Danny Porush.
This brokerage firm, which engaged in pump-and-dump schemes while defrauding shareholders, is set to be the subject of a new documentary from the team behind Hulu's WeWork: Or the making and breaking of a $47 billion unicorn document.
Campfire Studios, which was also behind Netflix The Menendez brothers document and Dallas Cowboys fanscollaborated with director Jed Rothstein on the untitled film.
It will chart the true story of the notorious brokerage firm, which closed in 1996 before its founders were charged with securities fraud and money laundering. It will contain first-hand accounts from the people who made the company happen, highlighting Stratton Oakmont's seven successful and questionable years in business, and the lasting impact on its employees, its victims, and the financial industry as a whole.
The fully funded feature film is currently in production and is scheduled to be completed later this year.
It is produced by Campfire CEO Ross M. Dinerstein, Philip Glaser and Jason Brown of Called Higher Studios, with Rebecca Evans, Ross Girard and Danny Maynard executive producing.
“Like many, I've been aware of the crazy story of Stratton Oakmont for some time, but seeing early clips of our film and hearing directly from the men and women who propelled the company through its heyday was a unique experience,” Dinnerstein said. Amazing experience. Jed is the perfect filmmaker to unpack the craziness and capture the '90s-era culture and business environment that allowed a company like this to soar.
“It's an honor to be producing this film alongside Ross and Jason,” Glaser added. “Campfire and Jed has been one hit after another, and we expect this riveting story of true crime, deception, and ultimately justice, to also be incredibly engaging for viewers.”