Former executives at MoviePass and its prior parent company were charged in a securities fraud case, accused of defrauding investors, the Justice Department said
parent company were charged in a securities fraud case, accused of defrauding investors, the Justice Department said Friday.
Former MoviePass CEO J. Mitchell Lowe and Theodore Farnsworth, who led Helios & Matheson Analytics Inc., the at the time, are accused of engaging in a fraudulent scheme to inflate the company’s stock and attract new shareholders, the Justice Department said.
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Former MoviePass Executives Charged With Multiple Counts Of Fraud By FedsA little over a month after the U.S. Securities and Exchange Commission sued two former top execs at MoviePass and its parent company, Helios + Matheson, for fraud, the Justice Department today uns…
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Ex-MoviePass CEOs charged with scheming to defraud investorsTwo former MoviePass Inc. executives were charged with securities and wire fraud for allegedly scheming to defraud investors of the parent of the bankrupt company.
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MoviePass Execs Indicted on Securities Fraud ChargesTwo former leaders of MoviePass have been indicted on securities fraud charges for allegedly deceiving investors about the company’s business model and sustainability. Theodore Farnsworth, th…
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Feds charge former MoviePass execs with securities and wire fraud | EngadgetThe former executives in charge of MoviePass have been indicted in what the Justice Department calls 'a scheme to defraud investors.'.
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