Quebec's securities regulator, the Autorité des Marchés Financiers (AMF), have filed five insider trading charges against David Baazov, CEO of Amaya Inc., the company that owns online poker sites PokerStars and Full Tilt.
The charges stem from an investigation launched following the acquisition of PokerStars and Full Tilt by Amaya in a mega $4.9 billion deal.
The five charges filed against Baazov are for "aiding with trades while in possession of privileged information, influencing or attempting to influence the market price of the securities of Amaya inc.