2016-06-20 — reuters.com
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The plaintiff, Andrew Greene, sued in 2014 for more than $50 million, claiming that he was defamed in the film through the portrayal by actor P.J. Byrne of a morally and ethically challenged character named Nicky "Rugrat" Koskoff.
Paramount has said Koskoff was a "composite character" inspired by multiple individuals, including Greene.
Litigious Stratton-Oakmont alums get up to it again (for those unawares, their famous lawsuit against Prodigy back in 1995 for not censoring frank discussion of Stratton's boilerroom tactics is what provoked ISPs to push for "common carrier" immunity from libel, Section 230 of the Communications Decency Act. This shield law has, happily, protected ML-Implode from more than a few frivolous "SLAPP" libel suits).
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