The former chief executive of the parent company of MoviePass, Theodore Farnsworth, pleaded guilty to charges of securities ...
Ted Farnsworth, former CEO of Helios and Matheson Analytics, lied about the success of MoviePass to attract investors.
Prosecutors said that Theodore Farnsworth, who ran the parent company of MoviePass, had misled investors about its popular ...
The former chief executive of MoviePass’ parent company has pleaded guilty to charges of securities fraud and conspiracy and ...
A Florida man pleaded guilty today,” began a Department of Justice press release published on Tuesday. In this case, the ever ...
MoviePass' $10-a-month plan was launched after Farnsworth bought the startup while CEO of Helios and Matheson.
Farnsworth was the CEO of analytics firm Helios and Matheson, which owned a majority stake in MoviePass during its heyday. He ...
Farnsworth and MoviePass' former CEO, J. Mitchell Lowe, were originally charged in 2022 with one count of securities fraud ...
The DOJ also claims the former MoviePass CEO engaged in “AI washing,” pretending their artificial intelligence was capable of ...
Theodore Farnsworth, former CEO of MoviePass parent Helios & Matheson, pleaded guilty to charges of defrauding and conspiring ...
Former MoviePass CEO Ted Farnsworth pleaded guilty on Monday to defrauding investors and now faces up to 25 years in prison.