Helios and Matheson Analytics Inc (HMNY)

[jdsgungho]

In other suits:

In 2010, a federal judge in Florida found in favor of a packaging company that sued Farnsworth and Purple Beverages for failing to pay $90,000. Farnsworth was ordered to pay that amount plus an addtional $12,768.99 in interest for a total of more than $102,000.
In 2011, business partners in Palm Beach brought two related suits against Farnsworth claiming Farnsworth violated a settlement agreement rising from an unspecified dispute. One of the suits was dropped. In the others, Farnsworth was ordered to pay more than $100,000.
In 2012, a Fort Lauderdale consultancy called Rayman and Associates sued Farnsworth seeking payment under a written consulting agreement for $35,000 related to LTS Nutraceuticals. The suit was eventually settled out of court.
In 2013, South Florida resident Barry Honig won a judgment against Farnsworth after having sued him twice for breach of contract. According to court filings, Honig says he lent Farnsworth $500,000 in 2007. In 2011, Honig sued for repayment, court documents show. Honig and Farnsworth settled, agreeing that Farnsworth would transfer 10 million shares of LTS Nutraceuticals to an escrow account in benefit of Honig and two business partners; they expected to receive $1.5 million between them, with Honig getting $1 million. According to court documents, Honig said Farnsworth never transferred the shares. A judge ruled in Honig's favor.
Also in 2013, FedEx sued The Source Vitamin Company, then represented by Farnsworth, saying it was owed about $26,000. A judge ruled in FedEx's favor.
That same year, Wells Fargo sued Farnsworth and The Source over $76,000 that the bank claimed Farnsworth owed. Garry Elhalel, the attorney representing Wells Fargo, said the case was eventually dropped.
One civil case remains active. It is linked to the MoviePass acquisition by Helios.