New York, New York–(Newsfile Corp. – December 13, 2024)– Why: Rosen Law Firm, a global investor rights law firm, announces an investigation into potential securities claims on behalf of shareholders of Light & Wonder, Inc. (NASDAQ: LNW) resulting from allegations that Light & Wonder may have issued materially misleading business information to the investment public.
so what: If you purchase Light & Wonder securities, you may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement. Rosen Law Firm is preparing a class action lawsuit seeking to recover investors' losses.
What to do next: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=29678 or contact Phillip Kim, Esq. Toll free at 866-767-3653 or email case@rosenlegal.com for information about the class action.
What is this about: On September 24, 2024, the Las Vegas Review-Journal published an article titled “Slot Machine Manufacturer Scores Big Win over Las Vegas Rival.” It stated that “Aristocrat Technologies Inc.'s request for a preliminary injunction in its trade secret and copyright infringement action against Light & Wonder” has been granted, and that “the order prohibits (Light & Wonder) from 'continuing or contemplating the sale or Rental or other marketing of Dragon Train, which Aristocrat claims uses intellectual property developed for the Dragon Link and Lightning Link games.
On this news, Light & Wonder's common stock fell 19.49% on September 24, 2024.
Why Rosen's Law: We encourage investors to select qualified advisors with a proven track record of success in leadership roles. Often, companies issuing notices do not have similar experience, resources, or any meaningful recognition from their peers. Many of these companies do not actually file securities class actions. Be wise in choosing advisors. The Rosen Law Firm represents investors throughout the world, focusing its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever settlement of a securities class action lawsuit against a Chinese company at that time. Rosen Law Firm is Ranked #1 by ISS Securities Class an act (WA:) Services for a number of securities class action settlements in 2017. The firm has been ranked in the top 4 every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the company raised more than $438 million for investors. In 2020, co-founder Lawrence Rosen was named by Law360 as a Titan in the Plaintiffs Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
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