SAN DIEGO, March 23, 2016 /PRNewswire/ -- Shareholder Rights Law Firm Johnson & Weaver, LLP is investigating potential violations of the federal securities laws by Amaya Inc. (NASDAQ: AYA). Canada-based Amaya provides technology-based products and services to the global gaming and interactive entertainment industries.
It was reported that Amaya's Chief Executive David Baazov has been charged with insider trading by Quebec's securities regulator. The regulator said it had filed charges against Baazov for "aiding with trades while in possession of privileged information, influencing or attempting to influence the market price of the securities of Amaya" and "communicating privileged information." On the news, Amaya's shares fell as much as 27.7 percent to $10.30 in early morning trading on March 23, 2016.
If you are an Amaya shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker (firstname.lastname@example.org) at 619-814-4471. If you email, please include your phone number.
Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.
Johnson & Weaver, LLP
Jim Baker, 619-814-4471
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SOURCE Johnson & Weaver, LLP