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NIKE Men''s Magista Onda II FG Football Boots, Orange (Total Crimson/Black-Bright Mango), 9.5 UK 44.5 EU,Geox Men''s U Traccia B Low-Top Sneakers, Black, 6.5 UK 6.5 UK,El Naturalista Women''s N5015 Open Toe Heels, Red (Caldera), 4 UK,Rieker M6104, Women's Sneakers, Black (Schwarz / 01), 6 UK (39 EU),Prezioso Court - Women Prezioso Courts online on United Kingdom - 11449797PP,Josef Seibel Ciara 11, Women's Closed ballerinas, Blue - Blau (taureg), 7 UK (41 EU),Dr. Martens Men''s 1490 Alt Black Concept Boots, 7 UK 41 EU,Gabor Shoes Women''s Fashion Boots, Grey (Anthrazitglitter), 5 UK 5 UKGabor Women's Comfort Sport Boots, Grey (Vulcano Micro 29), 6.5 UK 6.5 UK,Merrell Men's Trail Glove 4 Knit Trail Running Shoes, Grey (Charcoal), 10 UK (44.5 EU),Man's/Woman's:Salomon XA Enduro (392407):Sale Outlet,New Balance Women''s 300 Trainers, (White), 8 UK 41.5 EUPhilosophy Di Lorenzo Serafini Boots - Women Philosophy Di Lorenzo Serafini Boots online on United Kingdom - 11241657TH,Man's/Woman's:PUMA Muse Knit: Attractive fashionGeox Women's D LOLA A Closed Toe Ballet Flats, Blue (Navy C4002), 2.5 UK 2.5 UK,Nike Md Runner 2, Men's Low-Top Sneakers, Blue (410), 5.5 UK,Ganter Women's SONNICA, Weite E Mules, Black - Schwarz (schwarz 0100), 2.5 UKGabor Women's Comfort Sport Boots (Dk-Grey/SchwMel 39), 9 UK 9 UK,L' Autre Chose Court - Women L' Autre Chose Courts online on United Kingdom - 11488502UKSantoni Boots - Women Santoni Boots online on Australia - 11478413VU,Gisèl Moirè Paris Boots - Women Gisèl Moirè Paris Boots online on Canada - 11488254MT,Tiffi Boots - Women Tiffi Boots online on Australia - 11501890OA,Skechers Women's 31354 Trainers, (Gold), 7 UK 40 EU,Saint Laurent Boots - Women Saint Laurent Boots online on Canada - 11397343UICanterbury Men's Phoenix 2.0 Soft Ground Rugby Boots, Carribean Sea, 11 46 EU,Guglielmo Rotta Boots - Women Guglielmo Rotta Boots online on Australia - 11485068HD,Gadea Women's 40598 Sling Back Sandals, Black (Charol Negro Negro), 38 38 EU,Chie By Chie Mihara Court - Women Chie By Chie Mihara Courts online on United Kingdom - 11460782BA,Clarks Women's GlickAsha GTX Boots, Dark Brown Suede, 6.5 UK 6.5 UK,Tommy Hilfiger Women''s J1285ill 3c Boots, Red (Decadent Chocolate), 5 UK 5 UK,
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  • Oct. 18, 2018, 12:40 AM
  • 49

ted farnsworth mitch lowe Getty / Dave Kotinsky / Stringer

  • The New York Attorney General has launched an investigation into the parent company of MoviePass for allegedly misleading investors, according to CNBC.
  • Helios and Matheson has faced criticism from investors in recent months as several assurances from management have unraveled and the company has diluted their stakes by selling millions of new shares to the public.
  • Many Helios and Matheson shareholders have seen the value of their stakes dwindle by over 99%, with some losing over $100,000.

New York Attorney General Barbara Underwood has launched an investigation into the parent company of popular movie-ticket subscription service MoviePass for allegedly misleading investors, according to CNBC.

The attorney general's office is probing whether Helios and Matheson (HMNY) "misled the investment community regarding the company’s financials," CNBC reported, citing a "source familiar with the matter." The investigation is in its "early stages," according to the report.

Helios and Matheson confirmed the existence of an investigation in a statement to Business Insider.

"We are aware of the New York Attorney General’s inquiry and are fully cooperating," the company said. "We believe our public disclosures have been complete, timely and truthful and we have not misled investors. We look forward to the opportunity to demonstrate that to the New York Attorney General."

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