 |  |  |  |  |
Feds charge former MoviePass execs with securities and wire fraud
| |||||||||
|
Feds charge former MoviePass execs with securities and wire fraud
| | |||||||
 |
 |
| | Thread Tools |
7th November 2022, 15:11
| #1 |
| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 153,575
 |  Feds charge former MoviePass execs with securities and wire fraud The former executives in charge of MoviePass have been indicted in what the Justice Department calls "a scheme to defraud investors." Ex-MoviePass CEO J. Mitchell Lowe and Theodore Farnsworth, who used to be the chairman of the service's former parent company Helios and Matheson Analytics (HMNY), have been charged with one count of securities fraud and three counts of wire fraud. Federal authorities accuse them of making materially false and misleading claims regarding MoviePass' business in press releases, interviews and even SEC filings in a bid to artificially inflate HMNY's stocks and entice new investors. https://www.engadget.com/charge-form...8.html?src=rss |
|  |
|
Similar Threads | ||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| Feds charge man with planning to blow up an Amazon data center | Stefan Mileschin | WebNews | 0 | 12th April 2021 08:12 |
| Feds charge former Waymo engineer with 33 counts of stealing trade secrets | Stefan Mileschin | WebNews | 0 | 29th August 2019 11:14 |
| Activision Blizzard securities fraud investigation started | Stefan Mileschin | WebNews | 0 | 16th January 2019 13:44 |
| Elon Musk settles with SEC over fraud charge | Stefan Mileschin | WebNews | 0 | 1st October 2018 09:59 |
| MoviePass blackouts and anti-fraud tests upset some customers | Stefan Mileschin | WebNews | 0 | 7th March 2018 19:04 |
| US regulators charge three bitcoin operators with fraud | Stefan Mileschin | WebNews | 0 | 21st January 2018 19:33 |
| Securities watchdog snuffles Toshiba again | Stefan Mileschin | WebNews | 0 | 22nd October 2017 14:41 |
| Feds charge nine hackers for $30M insider trading scheme | Stefan Mileschin | WebNews | 0 | 12th August 2015 07:32 |
| AMD To Face Securities Fraud Lawsuit | Stefan Mileschin | WebNews | 0 | 2nd April 2015 08:02 |
| IBM sued for alleged securities fraud | Stefan Mileschin | WebNews | 0 | 4th March 2015 07:51 |
| Thread Tools | |
| |
