AGS ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of August 24, 2020 in the Class Action Filed on Behalf of PlayAGS, Inc. Limited Shareholders
New York, New York--(Newsfile Corp. - August 24, 2020) - The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of PlayAGS, Inc. (NYSE: AGS) alleging that the Company violated federal securities laws.
Class Period: May 3, 2018 and August 7, 2019
Lead Plaintiff Deadline: August 24, 2020
Learn more about your recoverable losses in DNK:
The filed complaint alleges that PlayAGS, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) PlayAGS was experiencing challenges in its business in Oklahoma; (ii) as a result, the Company's recurring revenue would be negatively impacted; (iii) PlayAGS was experiencing challenges in its Interactive business segment, including delays in securing regulatory approvals and relevant licenses; (iv) as a result of the foregoing, PlayAGS was reasonably likely to record a goodwill impairment; and (v) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.
Shareholders have until August 24, 2020 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
For additional information about the AGS lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click the link above.
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.
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