The New York Attorney General’s office has launched a probe of Helios & Matheson, examining whether MoviePass’ parent company misled investors, according to CNBC. Investigators are looking into the company’s financial disclosure using the Martin Act, an anti-fraud state law that allows law enforcement agencies to investigate suspected securities fraud and bring civil or criminal charges. MoviePass confirmed the investigation, saying it is cooperating with the New…

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Topics:  new york attorney general s   helios    matheson   moviepass    cnbc   investigators   martin act   moviepass   new    new    probe   law   company   
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