On the heels of having five charges filed against him for insider trading by Quebec's securities regulator Autorité des Marchés Financiers (AMF), David Baazov will be taking a voluntary leave of absence for an indefinite period of time from Amaya Inc., the parent company of PokerStars and Full Tilt.
"As always, I continue to be dedicated to doing the right thing for Amaya and all its stakeholders," Baazov said. "I believe that stepping down in the short term will help to avoid distraction for the company and its management while I vigorously contest all allegations made against me and pursue my bid to acquire the company.