Stratton Oakmont was a Long Island, New York, "pump and dump" boiler room brokerage house that was shut down in the late 1990s. Founded by Jordan Belfort and Danny Porush.

The firm is the subject of a book by its former CEO, Jordan Belfort, entitled The Wolf of Wall Street. Belfort was convicted of securities fraud in 1999 and sentenced to four years in prison.http://www.bloomberg.com/apps/news?pid=20601088&sid=azCXCf2BlSaU&refer=home

References

• Wall Street `Wolf' Jordan Belfort Recalls Crimes, `Loamy Loins', Bloomberg News, Oct. 17, 2007

See also

• Stratton Oakmont, Inc. v. Prodigy Services Co.

External links

• Steve Madden: Crisis of the Sole 2001 New York article on Stratton Oakmont and their client Steve Madden.