The New York Attorney General has launched an investigation into whether Helios & Matheson Analytics, the financially struggling majority owner of movie-subscription provider MoviePass, misled investors.
The investigation is being conducted by New York Attorney General Barbara G. Underwood’s office under the Martin Act, an anti-fraud law that allows the Ag to conduct investigations of securities fraud and bring legal action against alleged violators.
Underwood confirmed the probe in a tweet Thursday morning, in which she wrote, “We’ve launched a securities fraud investigation into @MoviePass’ parent company. My office is committed to protecting New York investors and the integrity of our financial markets.” The New York Ag’s office did not respond to a request for more info about the Hmny probe.
In a statement to Variety, Helios & Matheson said, “We are aware of the New York Attorney General’s inquiry and are fully cooperating. We believe our public disclosures have been complete,...
The investigation is being conducted by New York Attorney General Barbara G. Underwood’s office under the Martin Act, an anti-fraud law that allows the Ag to conduct investigations of securities fraud and bring legal action against alleged violators.
Underwood confirmed the probe in a tweet Thursday morning, in which she wrote, “We’ve launched a securities fraud investigation into @MoviePass’ parent company. My office is committed to protecting New York investors and the integrity of our financial markets.” The New York Ag’s office did not respond to a request for more info about the Hmny probe.
In a statement to Variety, Helios & Matheson said, “We are aware of the New York Attorney General’s inquiry and are fully cooperating. We believe our public disclosures have been complete,...
- 10/18/2018
- by Todd Spangler
- Variety - Film News
Similar News
Meme Stock Guru Roaring Kitty Reappears And It’s Blast Off For GameStop, AMC Entertainment
- 5/13/2024
- by Jill Goldsmith
- Deadline Film + TV
Investor Found Guilty Of Insider Trading In Trump Media Merger
- 5/10/2024
- by Baila Eve Zisman
- Uinterview
What if Paramount Just Stays Paramount?
- 5/7/2024
- by Tony Maglio and Brian Welk
- Indiewire
Nickelodeon’s Ramsey Naito Talks ‘SpongeBob’s Big Birthday Blowout’ at Annecy
- 6/10/2019
- by Jamie Lang
- Variety Film + TV
Michael B Jordan, ‘When They See Us’ Star Joshua Jackson Honor the ‘Exonerated Five’ at Aclu Event
- 6/9/2019
- by Angelique Jackson
- Variety Film + TV
Hollywood Financiers, Distributors Anxious Over ‘Insane’ Trade Tension With China
- 6/9/2019
- by Matt Donnelly
- Variety Film + TV
MoviePass and Parent Company File for Bankruptcy
- 1/29/2020
- by Trey Williams and Sean Burch
- The Wrap
Directors Guild Calls Paramount Decree Repeal ‘A Step in the Wrong Direction’
- 12/2/2019
- by Jeremy Fuster and Brian Welk
- The Wrap
Justice Department Formally Files Motion to Terminate Paramount Decrees
- 11/22/2019
- by Brian Welk
- The Wrap
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.
More to explore
Edgar Wright in Talks to Direct ‘Barbarella’ Starring Sydney Sweeney
- 5/13/2024
- by Katcy Stephan
- Variety - Film News
Third ‘Downton Abbey’ Movie Set With Paul Giamatti
- 5/13/2024
- by Mia Galuppo
- The Hollywood Reporter - Movie News
‘Kingdom of the Planet of the Apes’ Swings to $72 Million at Overseas Box Office, Mighty $131 Million Globally
- 5/12/2024
- by Rebecca Rubin
- Variety - Film News
Roger Corman, Pioneering Independent Producer and King of B Movies, Dies at 98
- 5/12/2024
- by Richard Natale and Tim Gray
- Variety - TV News
Hannah Einbinder on How Stopping Adderall Helped Her Comedy, the “True” Queer Representation on ‘Hacks’
- 5/14/2024
- by Nicole Fell
- The Hollywood Reporter - Movie News
Aida Rodriguez: Unpacking My Childhood Traumas Through Comedy Is Cathartic
- 5/6/2024
- by Aida Rodriguez
- Popsugar.com
How Erik Rivera Uses Comedy to Heal and Help Others
- 5/6/2024
- by Miguel Machado
- Popsugar.com
Ian Lara: Comedy Gave Me the Strength to Overcome My Mother's Death
- 5/6/2024
- by Ian Lara
- Popsugar.com
Sasha Merci: How Comedy Has Helped Me Navigate Depression
- 5/6/2024
- by Sasha Merci
- Popsugar.com
Gina Brillon: The Loss of My Grandmother Pushed Me to Pursue Comedy
- 5/6/2024
- by Gina Brillon
- Popsugar.com
Would Adding ‘Apes’ Character Koba Make Other Movies Better? Social Media Seems to Think So
- 5/14/2024
- by Harrison Richlin
- Indiewire
Roger Corman’s Greatest Films: ‘Little Shop of Horrors,’ ‘The Masque of the Red Death,’ ‘The Wild Angels,’ and More
- 5/14/2024
- by Wilson Chapman
- Indiewire
Critic’s Notebook: Monica Sorelle’s Miami-Set Debut, Mountains
- 5/14/2024
- by Monica Uszerowicz
- Filmmaker Magazine - Blog
Critic’s Notebook: Monica Sorelle’s Miami-Set Debut, Mountains
- 5/14/2024
- by Monica Uszerowicz
- Filmmaker Magazine-Director Interviews
“How Do I Capture the Storytelling That is Quintessential to South America, and Marry It to the Experience of Living Here in Florida?”: Director Kevin Contento on His Vimeo Staff Pick, From Fish to Moon
- 5/14/2024
- by Monica Uszerowicz
- Filmmaker Magazine - Blog
Edgar Wright in Talks to Direct ‘Barbarella’ Starring Sydney Sweeney
- 5/13/2024
- by Katcy Stephan
- Variety - Film News
‘Kingdom of the Planet of the Apes’ Swings to $72 Million at Overseas Box Office, Mighty $131 Million Globally
- 5/12/2024
- by Rebecca Rubin
- Variety - Film News
Roger Corman, Pioneering Independent Producer and King of B Movies, Dies at 98
- 5/12/2024
- by Richard Natale and Tim Gray
- Variety - TV News
Would Adding ‘Apes’ Character Koba Make Other Movies Better? Social Media Seems to Think So
- 5/14/2024
- by Harrison Richlin
- Indiewire
Roger Corman’s Greatest Films: ‘Little Shop of Horrors,’ ‘The Masque of the Red Death,’ ‘The Wild Angels,’ and More
- 5/14/2024
- by Wilson Chapman
- Indiewire
Carrie-Anne Moss Joins Arnold Schwarzenegger in Season 2 of FUBAR
- 5/13/2024
- by IMDb News
- IMDb News
Third ‘Downton Abbey’ Movie Set With Paul Giamatti
- 5/13/2024
- by Mia Galuppo
- The Hollywood Reporter - Movie News
Live: Maya Rudolph / Vampire Weekend SNL Roundtable – S49 E19
- 5/14/2024
- by Saturday Night Network
- LateNighter
‘Jeopardy!’ Fans Complain After Show Page Spoils Game
- 5/13/2024
- TV Insider
Bradley Cooper Submits His Two-Minute ‘Abbott Elementary’ Performance as Himself for Emmys
- 5/13/2024
- by Clayton Davis
- Variety - TV News