Companies

Light & Wonder, Inc. Faces Investigation by Rosen Law Firm

Published December 23, 2024

NEW YORK, Dec. 22, 2024 (GLOBE NEWSWIRE) -- The Rosen Law Firm has initiated an investigation into potential securities claims for investors of Light & Wonder, Inc. (NASDAQ: LNW). This inquiry stems from serious allegations which suggest that the company may have provided misleading information regarding its business operations to the public.

Understanding the Situation: If you are someone who purchased securities from Light & Wonder, it is essential to know that you might be eligible for compensation. This process can occur without you incurring any out-of-pocket expenses, as the legal representation will work on a contingency fee basis. The Rosen Law Firm is gearing up to launch a class action lawsuit aiming to recover losses incurred by investors.

Next Steps for Affected Investors: To find out more about joining this anticipated class action, individuals can visit this link or contact Phillip Kim, Esq., toll-free at 866-767-3653. You can also email inquiries to [email protected] for further information.

Background Information: On September 24, 2024, an article from the Las Vegas Review-Journal disclosed a major legal setback for Light & Wonder. It reported that Aristocrat Technologies Inc. successfully secured a preliminary injunction against them in a lawsuit concerning trade secrets and copyright issues. This ruling effectively halted Light & Wonder from continuing to sell or lease their product "Dragon Train," which Aristocrat claims infringes upon its intellectual property developed for the "Dragon Link" and "Lightning Link" games. Following this news, the stock value of Light & Wonder plummeted by approximately 19.49% on the same day.

Why Choose Rosen Law Firm: When looking for legal representation, it is crucial to select a firm with proven experience and a history of success. Many firms that advertise do not possess the necessary expertise or resources. The Rosen Law Firm is recognized for its dedication to investor protection, successfully handling securities class actions and shareholder derivative litigation. The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company at that time. They have consistently ranked among the top firms for securities settlements. In recent years, they have recovered hundreds of millions of dollars for investors, further establishing their reputation within the legal community.

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Legal Notice: This communication is considered attorney advertising. Past results do not guarantee or predict similar outcomes.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll-Free: (866) 767-3653
Fax: (212) 202-3827
Email: [email protected]
Website: www.rosenlegal.com

investigation, lawsuit, securities