Amaya CEO Charged with Insider Trading

Amaya Inc CEO faces five charges in insider trading probe by Quebec securities watchdog

The Quebec securities regulator has filed 23 charges stemming from its insider trading investigation into PokerStars owner Amaya Inc. David Baazov, the chief executive of Amaya, faces five charges 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,” the Autorité des marchés financiers said in a statement Wednesday.

RiskingTime