Amaya Faces Class Action Suit After Charges Against CEO
01.04. |

Roughly a week after insider trading charges were announced against Amaya CEO David Baazov, a prominent law firm announced a class action suit against the company.

According to a press release, the law firm of Lieff Cabraser Heimann & Bernstein, LLP has filed class action litigation in federal court in New York against the company on behalf of investors who bought stock between June 8, 2015 and Mar. 22, 2016.

The charges against Amaya’s now-former CEO, president and board chairman came just two days after PokerStars, a subsidiary of Amaya, launched in the U.S. state of New Jersey.

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