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The Amaya Gaming Group headquarters are seen Friday, June 13, 2014 in Montreal. Allegations of insider trading against 13 people affiliated with the ex-CEO of online gaming company Amaya Inc. will be discussed this morning at a hearing by an independent tribunal overseeing Quebec's financial sector. THE CANADIAN PRESS/Ryan Remiorz
The Amaya Gaming Group headquarters are seen Friday, June 13, 2014 in Montreal. Allegations of insider trading against 13 people affiliated with the ex-CEO of online gaming company Amaya Inc. will be discussed this morning at a hearing by an independent tribunal overseeing Quebec's financial sector. THE CANADIAN PRESS/Ryan Remiorz

Clothing executive’s stock bets triggered Amaya probe Add to ...

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Canada’s biggest-ever insider trading investigation was blown open by the suspicious actions of a middle-class Montreal clothing industry executive who leveraged the equity in his home to make big stock bets, Quebec’s securities watchdog says.

The executive is Earl Levett, the chief financial officer of Montreal apparel firm Point Zero. He is characterized by the regulator as a “small fish” in the investigation into Amaya Inc.’s $4.9-billion (U.S.) acquisition of PokerStars’ parent Oldford Group Ltd. in 2014. In other words, someone who received rather than gave privileged information.

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