LOS ANGELES--(BUSINESS WIRE)--Lundin Law PC announces a class action lawsuit has been filed against Amaya Inc. (“Amaya” or the “Company”) (Nasdaq: AYA) concerning possible violations of federal securities laws between June 8, 2015 and March 22, 2016. Investors who purchased or otherwise acquired shares during the Class Period should contact the Firm in advance of the May 24, 2016, lead plaintiff motion deadline.
No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.
According to the complaint, the Company failed to disclose that: (1) Amaya’s CEO was involved in an insider trading plot that manipulated the price of the Company’s securities; and (2) the Company did not have sufficient internal controls.
Lundin Law PC was created by Brian Lundin, a securities litigator based in Los Angeles.
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