Por: Business Insider Entertainment November 05, 2022
The former CEOs of MoviePass and its former parent company, Helios and Matheson Analytics (HMNY) — Ted Farnsworth and Mitch Lowe — have been charged in a securities fraud case, according to court documents.Per a Department of Justice statement, the court documents allege that Farnsworth and Lowe engaged in a scheme to defraud investors through materially false and misleading representations relating to HMNY and MoviePass's business and... + full article
Los Angeles Times USA Business November 05, 2022
Two former MoviePass Inc. executives were charged with securities and wire fraud for allegedly scheming to defraud investors of the parent of the bankrupt company. Theodore Farnsworth, 60, of Miami, and J. Mitchell Lowe, 70, of Miami Beach, are accused of making false... + más
Federal Prosecutors Charge Ex-CEOs of MoviePass, Parent Company in Alleged Fraud Scheme | NBC 6 South Florida
SEC sues former MoviePass executives for alleged fraud and misleading investors | Los Angeles Times
CNBC USA Life November 05, 2022
Sopa Images Lightrocket Getty ImagesFormer executives at MoviePass and its parent company have been charged with fraud, according to a federal indictment that was unsealed Friday.Theodore Farnsworth, 60, former CEO of Helios & Matheson, and Mitchell Lowe, 70, former CEO of... + más
NBC 6 South Florida USA World November 05, 2022
Sopa Images Lightrocket Getty Images Federal Prosecutors Charge Ex-CEOs of MoviePass, Parent Company in Alleged Fraud Scheme data-ellipsis=false> Former executives at MoviePass and its parent company have been charged with fraud, according to a federal indictment that was... + más
Federal prosecutors charge ex-CEOs of MoviePass, parent company in alleged fraud scheme | CNBC
MarketWatch USA Business November 04, 2022
Ted Farnsworth, 60, and J. Mitchell Lowe, 70, were charged with falsely claiming that MoviePass’s offer of unlimited tickets for just $9.95 a month was sustainable and could even be profitable, when they knew it was just a marketing gimmick aimed solely at boosting subscriber... + más
CNBC USA Business October 05, 2022
In Singapore, nearly 90% of Singapore CEOs have embarked on or are planning a hiring freeze over the next six months, KPMG says.Roslan Rahman Afp Getty ImagesGlobal CEOs are , according to a new survey by professional services firm KPMG, which said more than half of the business... + más
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Los Angeles Times USA Business September 29, 2022
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... + más
MoviePass is coming back. Its timing couldn't be worse | CNN
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CNN USA Business September 26, 2022
New York (CNN Business)Hollywood loves a comeback story, and , one of the industry's most notorious flops, is trying to write one of the most epic sequels in history.The revolutionary movie ticketing service, which sent shock waves through before , has risen from the dead... + más
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