New York AG launches probe into MoviePass parent company for allegedly misleading investors

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It's another stumble for MoviePass, which in recent months has repeatedly adjusted its movie subscription plans and taken out hefty loans to cover massive losses.

 

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MoviePass operations under investigation by New York AGThe company that runs the beleaguered MoviePass discount service for theater tickets is being investigated by the New York Attorney General on allegations that it misled investors. Parent company Helios and Matheson of New York said in a prepared statement that it is aware of the... MoviePass can you also ask them to investigate how they misled those of use who purchased annual passes and now cannot see any movies?
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