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SEC sues former MoviePass executives for fraud

The US Securities and Exchange Commission has filed a lawsuit against two former Moviepass Executives. In a federal complaint seen by Bloomberg, the agency accused Theodore Farnsworth and Mitch Lowe on Monday of misleading investors about the viability of the company’s $9.95 per month business model. Farnsworth was the chief executive officer of Helios and…



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SEC sues former MoviePass executives for fraud

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