The billionaire was found not liable in a lawsuit brought by investors over a 2018 tweet claiming he secured funding to take Tesla private A San Francisco jury deliberated for less than two hours before finding Tesla billionaire Elon Musk not liable in a class action securities fraud lawsuit bought …
Read More »MoviePass Execs Charged With Securities Fraud
Two former leaders of MoviePass have been indicted on securities fraud charges for allegedly deceiving investors about the company’s business model and sustainability. Theodore Farnsworth, the former CEO of parent company Helios & Matheson, and Mitchell Lowe, the former CEO of MoviePass, were each charged with one count of securities …
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