'Wolf of Wall Street' went too far: Lawsuit

The Wolf Of Wall Street

The not-safe-for-work hijinks portrayed in "The Wolf of Wall Street" seemed larger than life -

- what with drugs, dwarfs and strippers a frequent fixture on the silver-screen version of the Stratton Oakmont trading floor.

Those artistic liberties, however, bent the truth too far, says Andrew Greene, the alleged basis for a character in the film nicknamed "Rugrat" because of an ill-fitting hairpiece. Greene filed a $25 million federal lawsuit last week against Paramount Pictures and the film's makers for defamation, saying screenwriters unfairly portrayed him as a degenerate, drug-addled criminal.

"There's no issue about whether it was me or not," Greene said Wednesday on " Squawk on the Street ," referring to the film character.

The movie tells the story of real-life, pump-and-dump con man Jordan Belfort, using his memoirs as source material. Greene, who once worked at Belfort's firm in real-life, also wants the film pulled from theaters.

(Read more: Strippers, dwarfs & coke: The real Wall Street )

Greene said the trading floor mischief never happened. And as a result of the Oscar-nominated film, Greene says he's having trouble finding work because people equate him with the less-than-savory character from the movie.

(Read more: An interview with the real 'Wolf of Wall Street' )

"How am I supposed to provide for my family when I'm being portrayed as a criminal?" Greene said. "When I'm being portrayed as someone who is a money launderer? That I'm a degenerate? That I would do drugs during my work day? If you were someone out there, would you hire me?"

Paramount Pictures did not respond to CNBC's request for comment.

-By CNBC's Jeff Morganteen. Follow him on Twitter at @jmorganteen and get the latest stories from "Squawk on the Street." Reuters contributed to this report.

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