Stratton Oakmont

Stratton Oakmont Inc
Company typeBrokerage house
IndustrySecurities
Founded1989
FoundersJordan Belfort
Danny Porush
DefunctDecember 1996
Headquarters1979 Marcus Avenue, Lake Success, New York, US
Area served
United States
Key people
Number of employees
1,378

Stratton Oakmont, Inc. was a Long Island, New York, over-the-counter brokerage house founded in 1989 by Jordan Belfort and Danny Porush. It defrauded many shareholders, leading to the arrest and incarceration of several executives and the closing of the firm in 1996.

Section 230 of the Communications Decency Act was created in response to Stratton Oakmont, Inc. v. Prodigy Services Co..


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