Former Amaya CEO David Baazov has opened a $2 million lawsuit against Quebec’s securities regulator in response to the insider trading lawsuit those authorities pursued unsuccessfully against him beginning in 2016.
Baazov says that L’Autorite des marches financiers (AMF) acted maliciously when it accused him of leaking privileged information to aid insider trading and manipulate the price of Amaya stock.
‘Enforcement 40’ for 2020
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedIn