Former CEO of MoviePass’ parent company pleads guilty to fraud over ‘unlimited’ plan

The former chief executive of the parent company of MoviePass, Theodore Farnsworth, pleaded guilty to charges of securities fraud and conspiracy after being accused of misleading investors over the service’s “unlimited plan.” Farnsworth also pleaded guilty to conspiracy to commit securities fraud as the chief executive of Vinco Ventures, a publicly traded company. Helios & […]
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