According to Variety, sibling thesps Hilary Duff and Haylie Duff will team for the first time in Material Girls with Martha Coolidge directing.

The comedy follows a pair of celebutante cosmetics heiresses who lose their fortune in a corporate scandal and launch an investigation to expose the culprit.

The story was inspired by Maverick co-chairman Madonna's hit song "Material Girl," which Hilary Duff will re-record for the pic's soundtrack.

John Quaintance (NBC's "Joey") penned the script, rewritten by Susan Jansen (The Lizzie Maguire Movie) and Amy Rardin & Jessica O'Toole.

Production begins in Los Angeles April 18.