Former member of Stratton Oakmont’s board of directors and head of corporate finance, one Andrew Green, sues makers of “Wolf of Wall Street” for defamation. (Again – his first case, seeking $25 million, was thrown out, so now he’s back seeking $50, basing his claim partly on the mean things the movie says about his “cheap wig”, but mainly because of its portrayal of him as a coke-sniffing thief.
Stratton Oakmont’s sole purpose for being was to defraud investors – there wasn’t a shred of legitimacy in its DNA, so anyone who worked there in a capacity higher than janitor was – is – a crook and a swindler. Statton Oakmont only stayed in business because it was protected by Long Island’s favorite corrupt politician,senator Al D’Amato, who at the time served as head of the Senate Banking and Finance committee. When Al was finally tossed out of office, the feds could finally move against this boiler room, and they did.
Greene is a lawyer, or at least attended law school for a period, so he should know that truth is a complete defense to a claim of libel. If there were any justice in our legal system, he should be forced to pay Paramount Picture’s legal fees, as well as his own.