Former MoviePass executives sued by the SEC, which alleges they made 'false or misleading statements' to the public
(L-R) Mitch Lowe and Ted Farnsworth.
Getty / Dave Kotinsky / Stringer
- The SEC is suing former MoviePass executives Mitch Lowe and Ted Farnsworth.
- The suit claims they made "false and misleading statements" about the company being profitable.
- Former Vice President Khalid Itum is also accused of submitting false invoices.
The Securities and Exchange Commission is suing former MoviePass CEO Mitch Lowe and Ted Farnsworth, the former CEO of MoviePass' parent company...
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