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Former CEO of Moviepass' parent company pleads guilty to securities fraud, conspiracy
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Former CEO of Moviepass' parent company pleads guilty to securities fraud, conspiracy
Jan 7, 2025 4:06 PM

Jan 7 (Reuters) - The former head of movie

ticket-subscription service Moviepass' parent company has

pleaded guilty to charges of securities fraud and conspiracy,

the U.S. Justice Department said on Tuesday.

Theodore Farnsworth engaged in schemes to defraud investors

in Helios & Matheson Analytics Inc, a publicly traded

company that was the parent of MoviePass Inc (MoviePass), and

Vinco Ventures Inc ( BBIG ), a publicly traded company, the Justice

Department said in a press release.

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