MONTREAL - The former head of online poker giant Amaya has launched a $2-million lawsuit against Quebec’s securities regulator stemming from its unsuccessful insider trading lawsuit. Amaya CEO David Baazov attends the company's annual general meeting in Montreal, Monday, June 22, 2015. The former head of online gaming giant Amaya has launched a $2-million lawsuit against Quebec's securities regulator stemming from its unsuccessful insider trading lawsuit. Article Continued BelowAMF spokesman Sylvain Theberge says Baazov’s lawsuit is “unfounded,” adding that the regulator plans to “vigorously” defend itself. In the 25-page statement of claim, Baazov says he will donate the $2 million to five Montreal charities if he succeeds in the case.

Source: thestar March 26, 2019 18:33 UTC