In December, actress August Ames, 23, hanged herself in California, where she lived with her husband.
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The first death was that of 35-year-old Shyla Stylez.
Hay said it was merely a 'coincidence' that the two most recent deaths were of women who belonged to his agency.
After the criminal investigation was complete, an arrest warrant was obtained for Hathaway for the offense of Improper Relationship Between Educator and Student.
Stylez left the porn industry in 2016 after 10 years.