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Sony Pictures are close to acquiring the rights to Michael Lewis' Flash Boys: A Wall Street Revolt. The film adaptation would be produced by Scott Rudin and Eli Bush.
The novel was just released on March 31 and tells the story of a high-frequency trading that takes places within the financial markets. It explains how the market could be possibly manipulated to help others in charge, Variety reported.
Lewis claims in his novel that the stock market is rigged. Following the publication being released to the public, the Federal Bureau of Investigation launched an investigation into whether high-frequency trading firms had broken any U.S. laws. The claim is that the organizations had been acting on nonpublic information to win over other competitors.
This would mark the second deal that Sony has made with Lewis. The New York Post added that Lewis is also known for writing the popular Moneyball, which became an Oscar nominated film staring Brad Pitt and Jonah Hill.
The film was released in 2011. No information has been released about when this film would go into production or when the release date would be for Flash Boys.