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The New York attorney general is investigating the parent company of MoviePass, a source familiar with the probe confirmed to CNN Business.The state is looking into whether Helios and Matheson (HMNY) misled investors about its finances, the source said. The investigation is being conducted under New York's Martin Act, an anti-fraud and investor protection law. The existence of the probe was first reported Wednesday by CNBC.The movie subscription service exploded in popularity last year when it began offering customers the ability to watch as many movies in theaters as they wanted for per month. But that business model proved unsustainable, and the company has since changed its subscription plans and pricing as well as the number of movies it makes available to its customers.As the company's troubles worsened this year, its stock price also cratered.Helios and Matheson stock was trading at an all-time high of nearly a share in October 2017. Now the stock is trading at 2 cents — and that's after the company approved a reverse split to boost the price 250-fold earlier this summer.Nasdaq has even warned Helios and Matheson that it could delist the stock.Helios and Matheson and MoviePass did not respond to requests for comment Wednesday.The company is wrestling with other problems as well.Board member Carl Schramm, an economist and Syracuse University professor, recently quit his job and claimed that executives mismanaged the business and withheld crucial information from the board.Purported stockholders have filed two federal class-action complaints against Helios and Matheson in August, claiming the company made "materially false or misleading" statements to the market. The company said at the time that it intended to "vigorously defend" itself and believed the complaints were "without merit."Last month, the company filed new paperwork with the Securities and Exchange Commission indicating that it was going to ask shareholders to vote on another reverse split — one that this time could increase the stock by as much as 500-fold.That meeting was scheduled to happen Thursday. In documents filed with the government on Tuesday, the company said the meeting would be moved to November 1 so stockholders had more time to consider the split before voting. 2323

The grandmother of Stephon Clark, the young black man shot and killed by Sacramento Police last week, pleaded Monday in a passionate speech for justice for her grandson."They didn't have to kill him like that. They didn't have to shoot him that many times," Sequita Thompson said through tears."Why didn't you just shoot him in the arm, shoot him in the leg, send the dogs, send a Taser. Why? Why? Y'all didn't have to do that," she added.The tearful plea came as part of a press conference with Benjamin Crump, an attorney representing the Clark family. Crump said the family is preparing for an independent autopsy of Clark's body."We will stand up for Stephon, we will speak for Stephon, we will fight for Stephon, until we get justice for Stephon," Crump said."I want justice for my baby. I want justice for Stephon Clark. Please, give us justice," Thompson said.The press conference came a week after Clark, 22, was shot and killed?in his grandmother's Sacramento backyard by officers who believed he was pointing a gun at them, according to police. No weapon was found at the scene. The only item discovered was a cell phone, police said.Officers fired 20 shots, hitting Clark multiple times, police told CNN affiliate KOVR.Crump was retained by Clark's family late last week. He has previously represented the families of other African-Americans fatally shot by police, including Michael Brown?and Tamir Rice, as well as Trayvon Martin, a Florida teenager killed by George Zimmerman.Crump said Clark's death fits a pattern in America of police shootings of unarmed black and brown people."No family should have to endure this pain and suffering as they try to seek answers for an execution of their loved one who is only holding a cell phone," he said. 1797

The man who taught thousands of kids -- and adults -- about grammar and math through song has died.Bob Dorough, the creator of 'Schoolhouse Rock' passed away at age 94.His granddaughter Corin Wolf didn't disclose his exact cause of death but told CNN that Dorough was diagnosed with cancer last year.From "Conjunction, Junction," to "I'm Just a Bill," Dorough's upbeat tunes helped educate thousands of viewers about simple math functions, rules of grammar and the legislative process.'Schoolhouse Rock' songs premiered in 1973 and ran on ABC from 12 years. The show came back on air in the 1990s for five more years. Today, the songs live on in YouTube videos -- some with millions of views. 700

The new Apple iPhone X (pronounced "ten") is made of glass on the front and back and has wireless charging.The device and Apple Power, the wireless charging dock that charges multiple things at once, were introduced Tuesday at an Apple event. The waterproof iPhone X doesn't include a home button — users will swipe up to access the phone, which also has facial recognition unlocking."Animoji" is part of the phone — it's a new feature on the phone that animates facial expressions.Apple's iPhone X will be available for purchase on Oct. 27.The iPhone 8 was also unveiled at the event, and it has a starting price of 9. Apple's new iPhones are designed for augmented reality.The latest version of Apple Watch was unveiled as well. CEO Tim Cook called the device the best-selling watch in the world.The waterproof Apple Watch has an even greater focus on fitness and health. For example, it flags users when it detects an elevated pulse. 972

The head of United States Customs and Border Protection said border agents "prevented a dangerous situation getting worse" when they fired tear gas at a group of migrants who rushed the US-Mexico border Sunday.CBP Commissioner Kevin McAleenan told reporters Monday that as many as 1,000 people that were part of a migrant caravan traveling through Central America and Mexico sought to enter the US illegally.He said that according to CBP's initial report, 69 people were apprehended entering the US. McAleenan said he was not aware of any successful illegal entries by caravan members into the US."[CBP] effectively managed an extremely dangerous situation involving over 1,000 individuals who sought to enter the US unlawfully in large groups. They did so safely and without any reported serious injuries on either side of the border," McAleenan said.Sunday's incident marked an escalation of tensions that have been mounting since groups of Central American migrants began arriving in Tijuana a few weeks ago on their journey to attempt to gain entry to the US. The incident began with a march to the border that organizers said would be peaceful. In response, CBP deployed additional personnel to San Ysidro, California, on Sunday in expectation of demonstrations on both sides of the border.McAleenan said individuals breached the border fence to the east of San Ysidro and some went west and sought to enter through the Tijuana River channel. He described "assaultive behavior" by some migrants in both locations. Border Patrol agents countered using "less lethal devices," which included tear gas and "other projectiles," but not rubber bullets. He said CBP does not have rubber bullets in its inventory on the border.McAleenan said, per protocol, the decision to fire was made by agents on the scene using their professional judgment, and also per protocol the incident will be reviewed. He also described CBP as having responded with use of force to primarily adult males throwing rocks.However, video of the scene also showed a cloud of tear gas that sent people running and screaming, including families with young children.Four agents were hit with rocks, but because of their protective gear they were not seriously injured, McAleenan said.Sunday's melee closed one of the world's busiest international crossings, San Ysidro Port of Entry, near San Diego, to vehicle and pedestrian traffic for several hours. By Sunday afternoon, CBP reopened crossing lanes in both directions to pedestrians and vehicles.On the other side of the border in Mexico, Tijuana police had arrested 39 people by Sunday night, the agency said on Facebook. 2651