Andrew Greene of Huntington Station sues Paramount for $25 million over 'Wolf of Wall Street' portrayal

Andrew Greene is suing Paramount Pictures how he's Andrew Greene is suing Paramount Pictures how he's portrayed in "The Wolf of Wall Street." Photo Credit: Andrew Greene

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Huntington Station’s Andrew Greene, former head of corporate finance at the Lake Success brokerage firm depicted in “The Wolf of Wall Street,” has sued Paramount Pictures and three production companies for $25 million, alleging the movie portrayed him “as a criminal, drug user, degenerate, depraved, and/or devoid of any morality or ethics.”

Greene’s attorney, Stephanie Ovadia, filed the lawsuit Tuesday at the Eastern District of New York federal court, in Brooklyn.

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“He was neither notified nor compensated,” Ovadia, of Syosset, told Newsday. “He was never spoken to” about his film portrayal as the toupee-wearing Nicky “Rugrat” Koskoff, played by P.J. Byrne. “It was never discussed.” She added the movie has harmed his reputation and his relationship with his family.

A Paramount spokeswoman said the studio would have no comment on the lawsuit. Greene declined to comment, and representatives for Leonardo DiCaprio’s Appian Way Productions, Martin Scorsese’s Sikelia Productions and Red Granite Pictures did not respond to requests for comment.

The lawsuit asks for “in excess of” $25 million for compensatory damages and for exemplary damages

Greene — in real-life nicknamed “Wigwam” for his toupee — was with the brokerage firm Stratton Oakmont from 1993 until resigning in 1996. His boss, Jordan Belfort, played by DiCaprio in the film based on Belfort’s 2007 memoir, was arrested in 1998 and convicted of money laundering and securities fraud in 2003. The Oscar-nominated film describes how prior to the firm’s downfall Belfort’s staff engaged in wild debauchery and criminal activity.

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“He’s not that guy in that movie,” Ovadia says of Greene. “He’s mortified by the way he was portrayed. He’s passed the New York State bar exam, and he’s waiting to be admitted. He just wants to live his life and take care of his family.”

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