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Former MoviePass CEO reportedly pleads guilty to securities fraud Former MoviePass CEO reportedly pleads guilty to securities fraud
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Former MoviePass CEO reportedly pleads guilty to securities fraud
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Old 17th September 2024, 06:43   #1
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Default Former MoviePass CEO reportedly pleads guilty to securities fraud

Mitch Lowe, one of two MoviePass leaders indicted by the Justice Department in 2022, has pleaded guilty to securities fraud charges. The former CEO admitted to conspiring to deceive the public and investors about the service’s sustainability. Variety reports that the details of Lowe’s plea agreement haven’t been made public.

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