May 24 Deadline Alert: Law Offices of Howard G. Smith Reminds Investors of the Upcoming Deadline in the Class Action Lawsuit ...
May 20 2016 - 11:10AM
Business Wire
Law Offices of Howard G. Smith reminds investors of the
upcoming May 24, 2016 deadline to file a lead plaintiff
motion in the class action filed on behalf of a class (the “Class”)
of investors who purchased Amaya, Inc. (“Amaya” or the “Company”)
(NASDAQ: AYA) securities between June 8, 2015, and March 22,
2016, inclusive (the “Class Period”). Amaya investors have
until May 24, 2016 to file a lead plaintiff
motion.
The complaint charges Amaya and certain of its officers with
violations of the federal securities laws. Specifically, the
complaint alleges that Defendants made false and/or misleading
statements and/or failed to disclose: (1) that the Company’s CEO
was engaged in an insider trading scheme that involved influencing
the market price of the Company’s securities and communicating
privileged information to third parties; (2) the Company lacked
adequate internal controls; and, (3) that, as a result of the
foregoing, Defendants’ statements about Amaya’s business,
operations, and prospects, were false and misleading and/or lacked
a reasonable basis.
If you purchased Amaya shares, you may move the Court no later
than May 24, 2016 to request appointment as lead
plaintiff. To be a member of the class you need not take any action
at this time; you may retain counsel of your choice or take no
action and remain an absent member of the Class. If you wish
to learn more about this action, or if you have any
questions concerning this announcement or your rights or interests
with respect to these matters, please contact Howard G. Smith,
Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike,
Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215)
638-4847, toll-free at (888) 638-4847, or by email
to howardsmith@howardsmithlaw.com, or visit our website
at http://www.howardsmithlaw.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: http://www.businesswire.com/news/home/20160520005712/en/
Law Offices of Howard G. SmithHoward G. Smith,
Esquire215-638-4847888-638-4847howardsmith@howardsmithlaw.comwww.howardsmithlaw.com
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