SEC sues former MoviePass executives for fraud

SEC sues former MoviePass executives for fraud

The US Securities and Exchange Commission has filed a lawsuit against two former MoviePass executives. In a federal complaint seen by Bloomberg, the agency accused Theodore Farnsworth and Mitch Lowe on Monday of misleading investors about the viability of the company’s $9.95 per month business model. Farnsworth was the chief executive officer of Helios and … Read more

Nissan Ariya EV will start at $43,190

Nissan Ariya EV will start at $43,190

After years of hype, Nissan is finally close to releasing its first electric crossover. Autoblognotes the brand has confirmed the Ariya EV will reach US dealerships in late fall starting at $43,190 for the front-wheel drive Engage trim with a 63kWh battery. Only FWD configurations will ship at first, with some all-wheel drive editions waiting … Read more

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