6:05pm PT by Ashley Cullins
Red Granite Free of 'Wolf of Wall Street' Racketeering Lawsuit
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 Husa 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.