Amaya has confirmed that its top two executives are named in an investigation by Quebec’s financial market watchdogs Autorité des Marchés Financiers (AMF), relating to trading activity of the company’s stock ahead of the $4.9 billion PokerStars takeover in June 2014.

“The investigation involves employees of Amaya, including David Baazov, chief executive officer of the corporation, and Daniel Sebag, chief financial officer of the corporation (but not involving any personal trading by such individuals),” the company said in a press release on Monday.

The announcement confirmed The Globe and Mail report on April 8, based on information from unidentified sources, that Baazov and Sebag, whose documents were seized during the raid in December, were part of the investigation by the AMF.

The company also confirmed that AMF has not filed any charge relating to the company surrounding the acquisition of Oldford Group, parent company of the PokerStars and Full Tilt Poker online gaming platforms.