You've got to admire the chutzpah it takes to borrow Rashomon as the underlying conceit of an animated fairy tale, but this overreaching update of “Little Red Riding Hood”—she and other forest denizens recount from their respective viewpoints what happened the day she ran into the wolf—is too archly scripted to appeal to kids and too crudely executed to win over older aficionados. The cheap-looking CGI makes the animals creepy rather than engaging, and a plot thread about a series of thefts does little more than spin the tale to feature length. The best moments are provided by a manic squirrel aptly named Twitchy. Directed by Cory Edwards, Tony Leech, and Todd Edwards; voices by Anne Hathaway, Glenn Close, Patrick Warburton, and Jim Belushi. PG, 81 min.