The Law Offices of Frank R. Cruz Continues Its Investigation on Behalf of PlayAGS Inc. Investors (AGS)
April 01 2020 - 3:14PM
Business Wire
The Law Offices of Frank R. Cruz continues its investigation on
behalf of PlayAGS, Inc., (“PlayAGS” or the “Company”) (NYSE: AGS)
investors concerning the Company and its officers’ possible
violations of federal securities laws.
If you are a shareholder who suffered a loss, click here to
participate.
On August 7, 2019, PlayAGS 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.
On this news, the Company’s share price fell $8.99, or nearly
52%, to close at $8.31 per share on August 8, 2019, on unusually
heavy trading volume.
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If you purchased PlayAGS securities, have information or would
like to learn more about these claims, or have any questions
concerning this announcement or your rights or interests with
respect to these matters, please contact Frank R. Cruz, of The Law
Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los
Angeles, California 90067 at 310-914-5007, by email to
info@frankcruzlaw.com, or visit our website at
www.frankcruzlaw.com. If you inquire by email please include your
mailing address, telephone number, and number of shares
purchased.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: https://www.businesswire.com/news/home/20200401005710/en/
The Law Offices of Frank R. Cruz, Los Angeles Frank R. Cruz,
310-914-5007 fcruz@frankcruzlaw.com www.frankcruzlaw.com
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