That is correct. A movie is currently in development about the series that put Phoenix Wright on the map.

From the press release (without spoling much), “Talented attorney Mia Fey, who shows understanding for her junior  lawyer, Phoenix Wright (Hiroki Narimiya), is murdered. Arrested for the murder is her spirit medium in training sister Maya Fey (Mirei Kiritani). Phoenix believes in Maya¹s innocence and takes the case where he meets Prosecutor Miles Edgeworth (Takumi Saito), a level-headed, prodigy attorney and childhood friend. An intense courtroom battle unfolds as testimony and evidence are presented.”

The movie will be shown during the Anime (AM2) Convention from June 15-17.