EQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Amaya, Inc. - AYA
29 March 2016 - 6:55AM
Business Wire
Rosen Law Firm, a global investor rights law firm, announces the
filing of a class action lawsuit on behalf of purchasers of Amaya,
Inc. securities (NASDAQ:AYA) from June 8, 2015 through March 22,
2016, both dates inclusive (the “Class Period”). The lawsuit seeks
to recover damages for Amaya investors under the federal securities
laws.
To join the Amaya class action, go to the firm’s website at
http://www.rosenlegal.com/cases-867.html or call Phillip Kim, Esq.
or Kevin Chan, Esq. toll free at 866-767-3653 or email
pkim@rosenlegal.com or kchan@rosenlegal.com for more information on
the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A
CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU
RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO
NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.
According to the lawsuit, throughout the Class Period defendants
issued false and misleading statements to investors and/or failed
to disclose that: (1) Amaya’s CEO was engaged in an insider trading
scheme that involved influencing the market price of the Amaya’s
securities and communicating privileged information to third
parties; (2) Amaya lacked adequate internal controls; and (3) as a
result, defendants’ statements about Amaya’s business, operations,
and prospects, were false and misleading and/or lacked a reasonable
basis. When the true details entered the market, the lawsuit claims
that investors suffered damages.
A class action lawsuit has already been filed. If you wish to
serve as lead plaintiff, you must move the Court no later than May
24, 2016. A lead plaintiff is a representative party acting on
behalf of other class members in directing the litigation. If you
wish to join the litigation, go to the firm’s website
http://www.rosenlegal.com/cases-867.html for more information. You
may also contact Phillip Kim, Esq. or Kevin Chan, Esq. of Rosen Law
Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com
or kchan@rosenlegal.com.
Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
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version on businesswire.com: http://www.businesswire.com/news/home/20160328005674/en/
The Rosen Law Firm, P.A.Laurence Rosen, Esq.Phillip Kim,
Esq.Kevin Chan, Esq.275 Madison Avenue, 34th FloorNew York, NY
10016Tel: (212) 686-1060Toll Free: (866) 767-3653Fax: (212)
202-3827lrosen@rosenlegal.compkim@rosenlegal.comkchan@rosenlegal.comwww.rosenlegal.com
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