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Amaya CEO Baazov charged with insider trading

23rd March 2016 12:38 pm GMT

Québec’s Autorité des marchés financiers (AMF) has filed penal proceedings against three individuals and three companies, including five charges against Amaya chairman and CEO David Baazov.

Baazov, also a significant shareholder of Amaya, is facing five charges, in particular for “aiding with trades while in possession of privileged information, influencing or attempting to influence the market price of the securities of Amaya Inc, and communicating privileged information.”

A total of 23 charges have been laid against three individuals [...]

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