Director Mark Waters has signed up for "Henry's List of Wrongs" from New Line Cinema, while Harley Peyton has been tapped to rewrite it. "Wrongs" tells the tale of a shy boy who gets dumped at the prom, with the incident shaping his life as he grows up to be a ruthless corporate magnate. Years later, when he discovers the girl who dumped him was terminally ill and wanted to spare his feelings, he sets out to rectify his own malicious behavior toward others.

John Scott Shepherd wrote the initial draft, based on his book. Scott Alexander, Larry Karaszewski and David O. Russell also worked on the screenplay. Producing are Warren Zide, Craig Perry, Ken Atchity and Chi-Li Wong. Richard Brener and Michele Weiss are overseeing for New Line. Waters, who directed the hits "Freaky Friday" and "Mean Girls," has numerous projects in the works. He's prepping "If Only It Were True" at DreamWorks, with Reese Witherspoon and Mark Ruffalo attached to star, and is developing "The Spiderwick Chronicles" at Nickelodeon Movies and "The Ghosts of Girlfriends Past" at the Walt Disney Co. Peyton wrote the Barry Levinson-directed "Bandits" and was a writer-producer on TV's "Twin Peaks." Waters and Peyton are repped by CAA. Peyton is additionally repped by attorney John LaViolette.