Mitchell Lowe, the former CEO of MoviePass and Theodore Farnsworth, former CEO of parent company Helios & Matheson, were each charged with one count of securities fraud and three counts of wire fraud.
Date: Nov 05, 2022
Category: Business
Source: Google
Former CEOs of MoviePass and Parent Company Charged in Securities Fraud Scheme
60, of Miami, and J. Mitchell Lowe, 70, of Miami Beach, allegedly engaged in a scheme to defraud investors through materially false and misleading representations relating to HMNY and MoviePasss business and operations to artificially inflate the price of HMNYs stock and attract new investors. At
Date: Nov 04, 2022
Category: Business
Source: Google
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