CNBC reports that the investigation is still in early stages. A spokesperson for the New York Attorney general’s office declined to comment, but told TheWrap a statement is forthcoming, likely before Friday.
“We are aware of the New York Attorney General’s inquiry and are fully cooperating,” Helios and Matheson said in a statement provided to TheWrap. “We believe our public disclosures have been complete, timely and truthful and we have not misled investors. We look forward to the opportunity to demonstrate that to the New York Attorney General.”
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Helios and Matheson was accused in August of defrauding shareholders with misleading