openPR Logo
Press release

Lawsuit filed for Investors in shares of PlayAGS, Inc. (NYSE: AGS)

07-13-2020 07:18 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A lawsuit was filed on behalf of investors in PlayAGS, Inc. (NYSE: AGS) shares over alleged securities laws violations.

A lawsuit was filed on behalf of investors in PlayAGS, Inc. (NYSE: AGS) shares over alleged securities laws violations.

An investor, who purchased shares of PlayAGS, Inc. (NYSE: AGS), filed a lawsuit over alleged violations of Federal Securities Laws by PlayAGS, Inc..

Investors who purchased shares of PlayAGS, Inc. (NYSE: AGS) have certain options and for certain investors are short and strict deadlines running. Deadline: August 24, 2020. NYSE: AGS investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

On August 7, 2019, PlayAGS, Inc. reported a net loss of $7.6 million for second quarter 2019, which included a $3.5 million impairment to goodwill and $1.3 million impairment to intangible assets related to the Company's real money gaming business.

Shares of PlayAGS, Inc. (NYSE: AGS) declined from $20.42 per share in July 2019 to as low as $6.05 per share on August 8, 2019.

The plaintiff claims that between August 2, 2018 and August 7, 2019, the Defendants failed to disclose to investors that PlayAGS was experiencing challenges in its business in Oklahoma, that, as a result, the Company’s recurring revenue would be negatively impacted, that PlayAGS was experiencing challenges in its Interactive business segment, including delays in securing regulatory approvals and relevant licenses, that, as a result of the foregoing, PlayAGS was reasonably likely to record a goodwill impairment, and that that as a result, Defendants’ statements about the Company’s business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Those who purchased shares of PlayAGS, Inc. (NYSE: AGS) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Lawsuit filed for Investors in shares of PlayAGS, Inc. (NYSE: AGS) here

News-ID: 2089271 • Views: 358

More Releases from Shareholders Foundation

Investigation for Long-Term investors in NASDAQ: KNDI shares over possible Wrong …
An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Kandi Technologies Group Inc. Investors who are current long term investors in Kandi Technologies Group Inc (NASDAQ: KNDI) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm for current long term investors in NASDAQ: KNDI stocks follows a lawsuit filed
Investigation for Long-Term Investors in shares of Kirby Corporation (NYSE: KEX) …
An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Kirby Corporation. Investors who purchased shares of Kirby Corporation (NYSE: KEX) s have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm concerns whether certain Kirby Corporation directors breached their fiduciary duties and caused damage to the company and its shareholders. Houston, TX based
Investigation announced for Investors in shares of Builders FirstSource, Inc. (N …
An investigation was announced concerning whether the takeover of Builders FirstSource, Inc. is unfair to NASDAQ: BLDR stockholders. Investors who purchased shares of Builders FirstSource, Inc. (NASDAQ: BLDR) and currently hold any of those NASDAQ: BLDR shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm concerns whether certain officers and directors of Builders FirstSource, Inc. breached their
Investigation for Investors in ANSDAQ: ENDP over possible Wrongdoing at Endo Int …
An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Endo International plc. Investors who are current long term investors in Endo International plc (NASDAQ: ENDP) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm for current long term investors in NASDAQ: ENDP stocks follows a lawsuit filed against Endo

All 5 Releases


More Releases for AGS

AGS continues to thwart cyber threats with CloudSEK’s XVigil
AGS Transact Technologies ramps up cyber security measures with CloudSEK’s XVigil, to secure soaring digital transactions. Bengaluru, Mumbai – 25 June 2020 –India’s leading providers of end-to-end cash and digital payment solutions and automation technology solutions, AGS Transact Technologies Limited (AGSTTL), has been harnessing CloudSEK’s Artificial Intelligence (Al) powered digital risk monitoring platform XVigil since July 2019. And given that more and more Indians are adopting online payment options, AGS has
Global Projection Keyboard Market 2019 - AGS, lamastonl, Celluon, Brookstone
A projection keyboard is a form of computer input device whereby the image of a virtual keyboard is projected onto a surface: when a user touches the surface covered by an image of a key, the device records the corresponding keystroke. Some connect to Bluetooth devices, including many of the latest smartphone, tablet, and mini-PC devices with Android, iOS or Windows platform. In 2019, the market size of Projection Keyboard is
Automotive Active Grille Shutter (AGS) Market likely to be a US$ 1078.7 Million …
Stratview Research announces the launch of a new research report on Automotive Active Grille Shutter (AGS) Market by Vehicle Type (Passenger Car, LCV, and M&HCV), by Shutter Vanes Type (Horizontal AGS and Vertical AGS), by Shutter Type (Visible AGS and Non-Visible AGS), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023 This report, from Stratview Research, studies the global automotive
Global Vehicle Seat Frames Market 2017 - AGS, Camaco, Windsor, Trybus
Apex Research, recently published a detailed market research study focused on the "Vehicle Seat Frames Market" across the global, regional and country level. The report provides 360° analysis of "Vehicle Seat Frames Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Vehicle Seat Frames industry, and estimates the future trend of Vehicle
Global Medicinal Oscillator Market 2017 - TERUMO, WEGO, BBRAUN, BD, AGS
The report studies Medicinal Oscillator in Global market Professional Survey 2017 : Size, Share, Trends, Industry Growth, Opportunity, Application, Production, Segmentation, Cost Structure, Company Profile, Product Picture and Specifications during the Forecast period by 2022 The Global Medicinal Oscillator Market Industry report gives a comprehensive account of the Global Medicinal Oscillator Market. Details such as the size, key players, segmentation, SWOT analysis, most influential trends, and business environment of the market
AGS showcases Intelligent Cash Deposit machine to Oil industry
MUMBAI, 22nd February, 2012: Addressing the tricky issue of cash management of busy petrol pumps that are vulnerable to thefts diverse technology solutions provider AGS Transact Technologies has showcased its unique product Intelligent Cash Deposit’ (iCD) at PETROLWORLD APAC Business Forum 2012 at The Lalit, Canacona Goa. AGS demonstrated how the product facilitates deposit large amounts of cash at petrol pumps and other retail locations, without any hassle.