Ex MoviePass CEO Pleads Guilty To Defrauding Investors; DOJ Calls Case Early Instance Of “AI Washing”
#Legal #News #HeliosandMatheson #Moviepass #TedFarnsworth

https://deadline.com/2025/01/former-moviepass-ceo-pleads-guilty-defrauding-investors-1236251629/

Ex MoviePass CEO Pleads Guilty To Defrauding Investors; DOJ Calls Case Early Instance Of “AI Washing”

Theodore Farnsworth, former CEO of MoviePass parent Helios & Matheson, pleaded guilty to charges of defrauding and conspiring to defraud investors.

Deadline

Ted Farnsworth, Architect of Failed MoviePass Plan, Pleads Guilty to Defrauding Investors
#Variety #News #Moviepass #TedFarnsworth

https://variety.com/2025/film/news/moviepass-ted-farnsworth-guilty-plea-1236268680/

MoviePass Ex-CEO Ted Farnsworth Pleads Guilty to Securities Fraud

Ted Farnsworth, the architect of MoviePass' $9.95-a-month subscription service, pleaded guilty Tuesday to conspiracy and securities fraud.

Variety
Ex-MoviePass CEO Pleads Guilty to Securities Fraud

Former MoviePass CEO Mitch Lowe pleaded guilty Monday to securities fraud, while a trial is pending for Ted Farnsworth, who remains in jail.

Variety