Former MoviePass CEO Mitch Lowe has pleaded guilty to securities fraud conspiracy.
Lowe's actions as CEO helped push MoviePass and its parent company into bankruptcy in 2020.
AdvertisementMitch Lowe, the former CEO of MoviePass, has pleaded guilty to securities fraud conspiracy, Variety reported on Monday.
Lowe, whose actions as CEO helped drive the popular movie-ticket-subscription app into bankruptcy, admitted to conspiring to deceive the public and investors.
"Mitch is a good man who is looking to move forward with his life," Margot Moss and David Oscar Markus, Lowe's lawyers, said in a statement to Business Insider.
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