Abraham Jewett , Jessy Edwards  |  October 27, 2022

Category: Legal News

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Jordan Belfort the real wolf of wall street, holds a seminar to reveal his life, telling his story about stealing millions of dollars through the penny stock market.
(Photo Credit: seeshooteatrepeat/Shutterstock)

Update: 

  • Jordan R. Belfort, the author of the memoir “The Wolf of Wall Street,” asked a judge to throw out a case alleging he unlawfully contacted consumers with unsolicited promotional text messages without first receiving prior express written consent. 
  • In a motion for dismissal filed Oct. 21 in a California federal court, Belfort and his company, Global Motivation Inc., told U.S. District Judge Aileen M. Cannon that plaintiff Stephen Muccio alleged an “intangible harm” that doesn’t stand in court.
  • Muccio claims Global Motivation and Belfort violated the Telephone Consumer Protection Act by engaging in telemarketing without abiding by “the requisite policies and procedures and training” set forth by the law when it sent him an unsolicited text message.
  • However, Belfort says Muccio couldn’t show the court that he was sufficiently harmed by the text message his company sent him.

‘Wolf of Wall Street’ class action lawsuit overview: 

  • Who: Stephen Muccio filed a class action lawsuit against Global Motivation, Inc. and its owner, Jordan R. Belfort, a former stockbroker referred to as the “Wolf of Wall Street.”
  • Why: Muccio claims Global Motivation and Belfort violate the Telephone Consumer Protection Act by sending consumers unsolicited promotional text messages without first receiving express written consent. 
  • Where: The class action lawsuit was filed in Florida federal court. 

(July 12, 2022)

Global Motivation Inc. and owner Jordan R. Belfort unlawfully contacted consumers with unsolicited promotional text messages without first receiving prior express written consent, a new class action lawsuit alleges. 

Belfort is a widely known public figure who rose to fame after the 2013 film “Wolf of Wall Street,” and the movie’s main character, was based on him and his life working on the New York Stock Exchange. 

Plaintiff Stephen Muccio claims Global Motivation and Belfort violated the Telephone Consumer Protection Act by engaging in telemarketing without abiding by “the requisite policies and procedures and training” set forth by the law. 

Muccio argues that the unsolicited and allegedly unlawful telemarketing calls have violated the privacy of consumers and been an annoyance and nuisance, among other things. 

‘Wolf of Wall Street’ class action claims Belfort personally reviewed, approved unsolicited text messages

Muccio claims Belfort “personally reviewed and/or approved” the content of each unsolicited text message Global Motivation sent. 

“On information and belief, Belfort had direct, personal participation in the transmission of the text messages to Plaintiff and the class members,” the Wolf of Wall Street class action states. 

Muccio wants to represent a nationwide class of consumers who have received two or more promotional text messages from Global Motivation within the past four years and a Florida subclass of individuals who have received a telephonic promotional sales call from the company. 

In addition to allegedly violating the TCPA, Muccio claims Global Motivation and Belfort are in violation of the Florida Telephone Solicitation Act

Muccio demands a jury trial and requests injunctive and declaratory relief along with statutory damages for himself and all class members. 

Consumers have filed several class action lawsuits against companies recently, including Subway, Shoe Carnival and Petland, among others, over claims they violated the TCPA by sending consumers unsolicited sales messages. 

Have you received a promotional text message from Global Motivation Inc.? Let us know in the comments! 

The plaintiff is represented by Manuel S. Hiraldo of Hiraldo P.A. and Jibrael S. Hindi of The Law Offices of Jibrael S. Hindi. 

The ‘Wolf of Wall Street’ class action lawsuit is Muccio v. Global Motivation, Inc., et al., Case No. 4:21-cv-06770, in the U.S. District Court for the Southern District of Florida.


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5 thoughts onWolf of Wall Street wants unsolicited text message case tossed

  1. Robbin Y. Bigham says:

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  2. Scott Linman says:

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  3. Jonathan Singer says:

    Please add my name to any action

  4. Dawn Baldwin says:

    Add me please

  5. Heather says:

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