23.9 C
Kuala Lumpur
Thursday, September 24, 2020

MALAYSIAN DUO WITHDRAW SUIT AGAINST ‘WOLF OF WALL STREET’ PRODUCER

Why plaintiffs dropped the suit remains unknown.

20160924-Matthias-Chang-husam-musa-riza-Red-Granite-Pictures-1
Red Granite Pictures may still be under investigation by the federal government, but the company has one less legal nightmare to worry about now that a civil racketeering lawsuit has been dropped.

Two Malaysian citizens spearheaded a putative class action against the company, along with principals Riza Aziz and Joey McFarland, claiming Red Granite misappropriated money from a Malaysian sovereign wealth fund to produce The Wolf of Wall Street.

Why Matthias Chang and Husam Musa decided to drop their claim remains to be seen. They moved to voluntarily dismiss the suit without prejudice, according to court documents filed Friday, so they could take another shot at it. Plaintiffs’ attorney Louis Burke has not yet responded to a request for comment.

Red Granite sent The Hollywood Reporter a statement Friday: “Dismissing this frivolous lawsuit was the right thing to do because it never should have been filed in the first place. Red Granite continues to work on exciting new projects.”

The Department of Justice is still investigating the film’s funding but, last month a court agreed to allow the producers to continue working as usual while that plays out.

Husam who is Salor assemblyman and Chang, a former lawyer for retired prime minister Tun Dr Mahathir Mohamad, were reported to have filed a class action civil racketeering lawsuit on August 11 in a New York district court seeking custodianship of US$1 billion (RM4.12 billion) in assets the US Department of Justice previously claimed to be stolen from 1Malaysia Development Berhad.

The suit had named McFarland; Riza; Low Taek Jho, Low’s tax attorney Debra Whelan Johnson and her firm Metropolis IX Capital Advisors LLC; Goldman Sachs Group and its former banker Timothy Leissner as defendants.

——–

http://www.hollywoodreporter.com/

Berita Berkaitan

Istana Negara sahkan majlis menghadap Anwar ditangguh

Istana Negara mengesahkan majlis menghadap Presiden Parti Keadilan Rakyat (PKR), Datuk Seri Anwar Ibrahim...

Zahid Hamidi tunggu keputusan kedua ujian Covid-19 – Perbicaan tunda Isnin

PAGI ini sepatutnya prosiding sambung bicara kes membabitkan bekas Timbalan Perdana Menteri, Datuk Seri...

Saman atas pengampunan Anwar boleh diteruskan

Mahkamah Tinggi hari ini menolak permohonan kerajaan dan Anwar Ibrahim untuk membatalkan tuntutan saman...

Pesawat ringan didakwa terhempas di Tanjung Bungah

GEORGETOWN: Sebuah pesawat ringan dikhuatiri terjunam sebelum terhempas dalam laut berhampiran perairan Tanjung Bunga...

MPS sita pejabat Azmin, Hilman

Pejabat ahli Parlimen Gombak Mohamed Azmin Ali dan Ahli Dewan Undangan Negeri (Adun) Gombak...

Potong Elaun Nelayan, Muhyiddin Lupa Dulu Dia Bersama PH? – Salahuddin Ayob

Pengumuman Perdana Menteri, Tan Sri Muhyiddin Yassin mengenai kenaikan Elaun Sara Hidup Nelayan dari...

Shahril Hamdan positif Covid-19 selepas pulang dari Sabah

Ketua Penerangan Umno, Shahril Hamdan menjadi pemimpin ke-2 parti itu yang disahkan positif Covid-19 minggu ini, selepas pulang dari Sabah. Sumber parti itu pada Isnin...

#PRNSabah: Rakyat Sabah tidak perlu bantuan walau ekonomi teruk dan pekerjaan tiada dibawah Warisan

Shafie, mari sini duduk sebelah saya. Saya jelaskan satu-satu report card kamu. 1. Tahun lepas saja hampir 120,000 rakyat Sabah tiada kerja. Ini gred F! 2. Kadar...

Komen

..

Arkib / Carian

994PeminatSuka
4,100PengikutMengikut
3,344PengikutMengikut
11,000PelangganLanggan