EXCLUSIVE: Nick Cassavetes (THE NOTEBOOK) will direct the gritty action pic CALI, for which Kristen Stewart is set to star. Pic follows a pair of San Fernando Valley lovebirds who sell a fake snuff film and ride off with a bundle of cash. Years later, the girl (Stewart) must “return from the dead” to save the younger sister she left behind. Voltage Pictures will be selling the film at the Cannes Film Market, and producers are anticipating a late summer start. Cassavetes is best known for directing the hit Nicholas Sparks adaptation THE NOTEBOOK, as well as the true crime tale ALPHA DOG. Cassavetes is an actor as well, and he most recently appeared in THE HANGOVER PART II.