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SEC sues former MoviePass executives for alleged fraud and misleading investors

Por: Los Angeles Times Business September 29, 2022

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The U.S Securities and Exchange Commission filed a lawsuit against former executives of the controversial cinema subscription service MoviePass, alleging they made fraudulent statements about the business. The market regulator said that for more than two years, Theodore Farnsworth and former Netflix executive Mitchell Lowe, who were CEOs of Helios and Matheson Analystics and MoviePass, respectively, intentionally and repeatedly disseminated... + full article



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