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. Lowe, 72, faces a maximum of five years in federal prison. His plea agreement has not yet been made public. “Mitch is […]
Variety