Amaya($AYA) CAD $1.8M Investor Settlement

The settlement funds have been distributed to claimants.

$1,800,000

Cash Settlement

500-06-000859-179

Case number

02/01/2016

Class period Start

11/21/2016

Class period End

Amaya Inc. (now The Stars Group) ($AYA) has agreed to settle CAD $1.8 million with investors to resolve claims that it misled shareholders in 2016 through inaccurate statements about its business operations and prospects.

Case Type

Canadian Securities Class Action

Case Status

Disbursed

Alleged Offence

Misleading Statements,

Failure to Disclose

Suspected Party

Management

Security Type

Stocks

Trade Direction

Long

Plaintiffs

Denis Gauthier

Attorneys

Berger Montague

Defendants

David Baazov

Attorney fee

$540,000

Trades matching type

FIFO

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