Securities Snapshot For February 12, 2024 - Shareholders
Our bi-monthly newsletter highlights important developments related to US civil and Criminal securities law.
Source: mondaq.com
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Former MoviePass Executive Khalid Itum Convicted of Embezzlement – The Hollywood Reporter
Former MoviePass exec Khalid Itum has been convicted of embezzlement after faking invoices to pay off debt he incurred to fund a party at Coachella in 2018.
Coachella Valley United States J Mitchell Lowe Theodore Farnsworth Khalid Itum Department Of Justice
Source: hollywoodreporter.com
National Enquirer to be sold to VVIP Ventures
VVIP Ventures will purchase the infamous tabloid publication the National Enquirer and its sister publications, the company announced Monday.
Source: upi.com
National Enquirer to be sold to VVIP Ventures
VVIP Ventures will purchase the infamous tabloid publication the National Enquirer and its sister publications, the company announced Monday.
Source: upi.com
Indicted: Former MoviePass CEO Charged With Fraud
This week it was announced that the former CEOs of both MoviePass and its parent company have been indicted on federal charges.
Source: nationalinterest.org
Former MoviePass executives face fraud charges
MoviePass’s former CEO and the leader of its former parent company have been indicted on securities fraud charges for deceiving investors on the sustainability and profitability of the company’s movie-a-day subscription model, according to a Department of Justice release on Friday.
Source: wtop.com
Ex-CEOs of MoviePass Charged in Criminal Securities Fraud Scheme
The Department of Justice (DOJ) announced the unsealing of an indictment late last week naming two C-suite executives with the publicly traded but now
United States J Mitchell Lowe Theodore Farnsworth Helios Matheson Analytics Inc Department Of Justice Moviepass Inc
Source: lawstreetmedia.com
Former MoviePass executives face fraud charges
MoviePasss former CEO and the leader of its former parent company have been indicted on securities fraud charges for deceiving investors on the sustainability and profitability of the companys movie-a-day
Source: henryherald.com
MoviePass Stock Price Inflation Alleged by CEO and Chaiman
MoviePass parent company Helios & Matheson Analytics HMNY, CEO and Chairman Theodore Farnsworth and J. Mitchell Lowe, allegedly in a scheme to defraud investors through false and misleading representations relating to HMNY and MoviePass’s operations to artificially inflate the price of HMNY’s stock
Source: natlawreview.com
Ex-MoviePass CEOs charged with scheming to defraud investors
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.
Source: latimes.com