Former MoviePass CEO Mitch Lowe has pleaded guilty to securities fraud conspiracy
Mitch Lowe, whose actions as CEO helped push MoviePass into bankruptcy, is facing up to five years in federal prison at his sentencing.
Former MoviePass CEO admits the $9.95 ‘unlimited’ ticket scheme was fraud
Lowe, who took over as CEO of MoviePass in 2016, started allowing users to see a movie a day through an unlimited subscription in 2017. But the money-burning tactic eventually led to MoviePass’s demise,
Ex-MoviePass CEO Mitch Lowe Pleads Guilty to Securities Fraud Conspiracy After Taking Plea Deal
Former MoviePass chief executive Mitch Lowe has pled guilty to a securities fraud charge related to his role in swindling investors about the company’s monthly movie subscription service. Lowe on Monday entered a plea agreement in which he admitted fault for conspiring to inflate the price of MoviePass’ stock by lying about the profitability and
Former MoviePass CEO reportedly pleads guilty to securities fraud
Mitch Lowe, one of two MoviePass execs indicted by the Justice Department in 2022, has pleaded guilty to securities fraud charges. The former MoviePass CEO admitted to conspiring to deceive the public and investors about the service’s sustainability.
Former MoviePass CEO Mitch Lowe Pleads Guilty to Securities Fraud Conspiracy
Former MoviePass CEO Mitch Lowe pleaded guilty Monday to a securities fraud charge, admitting that he conspired to deceive the public and investors about the sustainability of the company’s $9.95-a-month movie subscription service.
Former MoviePass CEO admits the $9.95 ‘unlimited’ ticket scheme was fraud
“Mitch is a good man who is looking to move forward with his life,” Lowe’s attorneys, Margot Moss and David Oscar Markus, said in a statement to Variety. “He has accepted responsibility ...
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Rob Lowe, who's been married for 33 years, said going to couples therapy should be no different than going to a personal trainer
Rob Lowe and Sheryl Berkoff have been married for 33 years. Lowe said the pair has turned to couple therapy, even when they "didn't need it." A family and marriage therapist said couples need to ...
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Lowe’s changes DEI policies amid activist pressure
Lowe’s is the latest big company to alter its diversity, equity and inclusion policies amid pressure from conservative podcast host and activist Robby Starbuck. Starbuck, who has been waging ...
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Lil Yachty Goes Off After Being Accused of Mistreating Best Friend and Cohost Mitch During Podcast Episode
However, when Mitch used himself as an example, saying he took up making beats, Yachty continuously challenged his friend's assertion. "No, imagine if you didn't have a friend who was already ...
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Lowe’s: Hold Rating Amid Mixed Market Prospects and Macroeconomic Uncertainties
Analyst Max Rakhlenko from TD Cowen maintained a Hold rating on Lowe’s (LOW – Research Report) and increased the price target to $265.00 from $240.00. Max Rakhlenko has given his Hold rating ...
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Lowe’s becomes latest company to end DEI policies amid growing backlash
Home improvement retailer Lowe’s has scrapped some of its diversity, equity and inclusion programs, becoming the latest US firm to modify such policies meant to boost racial and ethnic ...
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No, Lowe's CEO didn't tell conservatives to shop at Home Depot | Fact check
An Aug. 26 Facebook post (direct link, archive link) shows what appears to be a still frame of a CNBC broadcast showing a photo of Lowe’s CEO Marvin Ellison next to a quote attributed to him.