Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Amaya Inc (NASDAQ: AYA) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Amaya Inc (NASDAQ: AYA) concerning whether a series of statements by Amaya Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On March 23, 2016, Amaya revealed that Quebec’s securities regulator has filed insider trading charges against Amaya’s CEO, David Baazov. The charges filed against Baazov are for aiding with trades while in possession of privileged information, influencing or attempting to influence the market price of Amaya securities and communicating privileged information.
Following this news, NASDAQ: AYA shares declined as much as $3.95 per share, or 17.72%, to $10.30 during intraday trading on March 23, 2016.
Based in Montreal, Canada, and founded in 2004 Amaya Inc provides technology-based products and services to the global gaming and interactive entertainment industries.
If you purchased shares of Amaya Inc (NASDAQ: AYA) on or before March 23, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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