INVESTOR ALERT: Kirby McInerney LLP Announces Investigation of Shareholder Claims Against PlayAGS, Inc.
NEW YORK--(BUSINESS WIRE)--Feb 12, 2020--
The law firm of Kirby McInerney LLP is investigating potential claims against PlayAGS, Inc. (“PlayAGS” or the “Company”) (NYSE: AGS ). This investigation concerns whether PlayAGS has violated federal securities laws and/or engaged in other unlawful business practices.
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 51.9%, to close at $8.31 per share on August 8, 2019.
If you acquired PlayAGS securities, have information, or would like to learn more about these claims, please contact Thomas W. Elrod of Kirby McInerney LLP at 212-371-6600, by email at firstname.lastname@example.org, or by filling out this contact form, to discuss your rights or interests with respect to these matters without any cost to you.
Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, and whistleblower litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website: www.kmllp.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com:https://www.businesswire.com/news/home/20200212005966/en/
CONTACT: Kirby McInerney LLP
Thomas W. Elrod, Esq.
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: LEGAL PROFESSIONAL SERVICES
SOURCE: Kirby McInerney LLP
Copyright Business Wire 2020.
PUB: 02/12/2020 09:30 PM/DISC: 02/12/2020 09:30 PM