Summit Entertainment has acquired screen rights to Ben Mezrich's novel "Rigged." The film will be produced by Trigger Street Productions principals Kevin Spacey and Dana Brunetti, who turned Mezrich's "Bringing Down the House" into the Spacey starring 21 which will be released March 28 by Columbia Pictures.

According to Variety, based on the true story of John D'Agostino, "Rigged: The True Story of an Ivy League Kid Who Changed the World of Oil, From Wall Street to Dubai" is about an Italian kid from Brooklyn who matriculates at Harvard and lands on the Merc Exchange. After establishing himself, the protagonist hooks up with another young trader and a mysterious Middle Easterner to engage in a dangerous scheme to revolutionize the oil trading industry.

No word on when production is set to begin.

Cinemark Movie Club