January 8, 2025/US SEC On January 2, 2025, the U.S. District Court for the District of Connecticut entered a final judgment by consent against Michael Caridi, whom the SEC had charged in connection with the issuance of fraudulent press releases by Tree of Knowledge International Corp. (“TOKI”). According to the […]
Frauds & Scandals
SEC Obtains Judgment Against Former Executive at MoviePass’s Parent Company
January 2, 2025/US SEC On December 23, 2024, the U.S. District Court for the Southern District of New York entered a consent judgment against Theodore J. Farnsworth, former CEO of Helios & Matheson Analytics Inc. (HMNY), for making materially false and misleading statements concerning HMNY’s subsidiary, MoviePass, Inc., a movie […]
SEC Charges Recidivist for Defrauding Investors through False and Misleading Statements
January 2, 2025/US SEC The Securities and Exchange Commission announced today that on December 30, 2024, the U.S. District Court for the Southern District of New York entered a consent judgment against Theodore J. Farnsworth for defrauding investors in Vinco Ventures, Inc., a purported digital media and content technologies company. […]
