NEW YORK, May 13, 2016 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired securities of Amaya Inc. ("Amaya") (NASDAQ: AYA) between June 8, 2015 and March 23, 2016.
You are hereby notified that a securities class action lawsuit has been commenced in the USDC for the Southern District of New York. If you purchased or otherwise acquired Amaya securities between June 8, 2015 and March 23, 2016, your rights may be affected by this action. To get more information go to: http://www.zlk.com/pslra/amaya-inc.
The complaint alleges that the Company violated federal securities laws by failing to disclose that its CEO David Baazov was involved in insider trading. On March 23, 2016, Amaya issued a press release acknowledging that Canadian securities regulators have charged Baazov with insider trading. The allegations concern the communication of privileged information involving a "former financial advisor to Amaya."
If you suffered a loss in Amaya you have until May 24, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. To obtain additional information, contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://www.zlk.com/pslra/amaya-inc.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation involving financial fraud, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shareholder-alert-levi--korsinsky-llp-notifies-shareholders-of-amaya-inc-of-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-may-24-2016--aya-300268410.html
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