In 1998, New Line paid a $1.1 million against $1.5 million sum for screen rights to "Wrongs" -- the first novel from writer John Scott Shepherd ("Life or Something Like It" and "Joe Somebody").

"Wrongs" concerns a shy boy who summons the courage to ask the girl of his dreams to the prom, only to have her dump him on the big night. He transforms himself into a ruthless corporate shark known as the Assassin. When he returns home a decade later to exact revenge, it is revealed that his target, the girl who spurned him, did so because she was dying and didn't want him to suffer through her ordeal. Realizing his entire loathsome persona was built on a mistake, the shark sets about patching things up with five people he has screwed over -- with the help of a hotel maid who's a psychology grad student.

Film will be produced by Ken Atchity and Chi-Li Wong of AEI, producers of both "Joe Somebody" and "Life or Something Like It," and Warren Zide and Craig Perry of Zide-Perry Films. New Line's exec VP Richard Brener is overseeing the project, with director of development, Michelle Weiss.

Levinson most recently began lensing "Envy" for DreamWorks Pictures and Castle Rock Pictures, starring Ben Stiller and Jack Black. He also helmed MGM's 2001 Bruce Willis and Billy Bob Thornton starrer, "Bandits."

Levinson is repped by CAA in the dea