Former CEO of Moviepass’ parent company pleads guilty to securities fraud, conspiracy

Vinco Ventures

07/01/2025 23:39

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  HMNY.PK , 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.
    

 (Reporting by Ryan Patrick Jones; Editing by Leslie Adler)
 ((ryan.jones@thomsonreuters.com;))