Universal has released new plot details for Melissa McCarthy and Ben Falcone's upcoming comedy Michelle Darnell and set the film for a 2016 release.  Based on an original character of McCarthy's own creation, the film will follow titular Michelle Darnelle after she's released from prison for insider trading.  Ready to rebrand and move on with her life, Darnell find that not everyone she screwed over is eager to forgive. McCarthy and Falcone are writing the film with their Groundlings collaborator Steve Mallory.

The film is set to hit theaters Friday, April 8th, 2016.  Clifford The Big Red Dog originally held that release date, but will be rescheduled at a later time.  McCarthy and Falcone previously teamed up to deliver Tammy in 2014, and Michelle Darnell is the first of three projects they've got in the pipeline.  Check out the official details after the jump.

Here's the official plot synopsis for Michelle Darnell:

Academy Award^®-nominated star Melissa McCarthy (Bridesmaids, The Heat, Tammy) headlines MICHELLE DARNELL as a titan of industry who is sent to prison after she’s caught for insider trading.  When she emerges ready to rebrand herself as America’s latest sweetheart, not everyone she screwed over is so quick to forgive and forget.  Based on an original character created by McCarthy, the comedy will be directed by Ben Falcone (Tammy) and is written by McCarthy and Falcone alongside their Groundlings collaborator, Steve Mallory.  MICHELLE DARNELL will be produced by McCarthy and Falcone through their On the Day Productions and Will Ferrell and Adam McKay through their Gary Sanchez Productions.