Steve Madden, Ltd.
Search results
Stratton Oakmont, Inc. was a Long Island, New York, over-the-counter brokerage house founded in 1989 by Jordan Belfort and Danny Porush. It defrauded many shareholders, leading to the arrest and incarceration of several executives and the closing of the firm in 1996.
Aug 7, 2019 · Stratton Oakmont was in trouble with the authorities almost from its founding in 1989, but it was not until 1996 that it was finally shut down. Even then it would take three more years for...
Jul 17, 2024 · The 2013 film The Wolf of Wall Street is based on the life of Jordan Belfort, the founder of the brokerage house Stratton Oakmont who ran a years-long securities fraud scheme that lost his investors up to $200 million.
May 17, 2022 · Belfort founded Stratton Oakmont while married to Denise, and they divorced after she found out about his affair in 1991 (per The U.S. Sun). After their divorce, Denise led a low-profile life...
Feb 6, 2024 · The overall story of Jordan Belfort (Leonardo DiCaprio) and his brokerage firm Stratton Oakmont, as presented in Scorsese’s film, is true to life. Belfort was violating probably hundreds of laws...
Dec 26, 2013 · Ruling: Fact. Steve Madden did give a speech the day of the IPO, to which the Stratton Oakmont brokers responded with jeers. Madden, Belfort and Porush owned most of the stock and drove up the...
Aug 22, 2024 · Jordan Belfort, a former Wall Street trader and the founder of financial firm Stratton Oakmont, was found guilty of crimes related to stock market manipulation. Belfort pleaded guilty to fraud...
Dec 23, 2013 · The Wolf of Wall Street true story confirms that, like in the movie, Stratton Oakmont was the name of the real Jordan Belfort's Long Island, New York brokerage house. Belfort and co-founder Danny Porush (played by Jonah Hill in the movie) chose the name because it sounded prestigious (NYTimes.com).
Dec 31, 2013 · He and his partner earned enough to buy out Stratton and form Stratton Oakmont, which he built into one of the largest over-the-counter brokerage firms in the country.
Apr 2, 2024 · Stratton Oakmont, the “over-the-counter” brokerage house that Danny Porush and Jordan Belfort started, was based on Long Island. It specialized in selling “penny stocks” — low-cost common shares of small public companies.
