INVESTOR ALERT: Kirby McInerney LLP Continues Investigation of Shareholder Claims Against PlayAGS, Inc.
25 February 2020 - 12:00PM
Business Wire
The law firm of Kirby McInerney LLP is investigating potential
claims against PlayAGS, Inc. (“PlayAGS” or the “Company”) (NYSE:
AGS). This investigation concerns whether PlayAGS has violated
federal securities laws and/or engaged in other unlawful business
practices.
On August 7, 2019, PlayAGS reported a net loss of $7.6 million
for second quarter 2019, which included a $3.5 million impairment
to goodwill and $1.3 million impairment to intangible assets
related to the Company’s real money gaming business.
On this news, the Company’s share price fell $8.99, or 51.9%, to
close at $8.31 per share on August 8, 2019.
If you acquired PlayAGS securities, have information, or would
like to learn more about these claims, please contact Thomas W.
Elrod of Kirby McInerney LLP at 212-371-6600, by email at
investigations@kmllp.com, or by filling out this contact form, to
discuss your rights or interests with respect to these matters
without any cost to you.
Kirby McInerney LLP is a New York-based plaintiffs’ law firm
concentrating in securities, antitrust, and whistleblower
litigation. The firm’s efforts on behalf of shareholders in
securities litigation have resulted in recoveries totaling billions
of dollars. Additional information about the firm can be found at
Kirby McInerney LLP’s website: www.kmllp.com.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: https://www.businesswire.com/news/home/20200224005976/en/
Kirby McInerney LLP Thomas W. Elrod, Esq. (212) 371-6600
investigations@kmllp.com www.kmllp.com
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