The Hostel moviemaker, who is directing the script read, has hired castmembers including actress Collins and rocker Love, as well as The Sixth Sense star Haley Joel Osment for the production, which will close the 2015 Los Angeles Film Festival on Thursday (18Jun15).

Roth reveals the teen comedy, which was directed by Clueless filmmaker Amy Heckerling, is one of his favourite movies of all time and is a quintessential Los Angeles story.

In a statement, he says, "Everyone in the reading is going to bring something really special to their role. The original cast is so iconic you cannot replace them, but we can do a really fun alternate version of the movie with everyone interpreting the characters in their own unique way."

The original movie starred Sean Penn and Jennifer Jason Leigh.