Sony Pictures Classics has acquired US rights to Owning Mahowny, the new film from Richard Kwietniowski from Alliance Atlantis Entertainment Group.

The film stars Philip Seymour Hoffman, Minnie Driver and John Hurt. The film is inspired by the true story of a junior level bank executive with a secret addiction to gambling who invents ingenious schemes to steal and lose millions of the bank's money.

Alliance Atlantis produced the film with Andras Hamori and Natural Nylon Entertainment and is handling worldwide sales. SPC meanwhile also has domestic rights to Love Liza, another movie starring Seymour Hoffman, which will be released later in the year.