MoviePass operations under investigation by New York AG
The 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 investigation, but that it believes, “our public disclosures have been complete, timely and truthful and we have not misled investors.”
The investigation was first reported by CNBC.