The company, one of the most active buyers in Hollywood, has picked up the duo's spec "Now You See Me" with Alex Kurtzman and Roberto Orci attached to produce via their Kurtzman Orci Paper Products production banner.
The project is described as a thriller that "pits a crack FBI squad in a game of cat-and-mouse against a super-team of the world's greatest illusionists, who pull off a series of daring bank heists during their performances, showering the profits on their audiences while staying one step ahead of the law."
Yakin will executive produce along with Kurtzman Orci Paper Products' Bobby Cohen.
Yakin, repped by CAA, is a longtime Hollywood vet who has written movies such as "The Rookie" starring Clint Eastwood and Charlie Sheen and directed 2000's "Remember the Titans." He most recently co-wrote "Prince of Persia" and will next direct "Safe,