Light & Wonder, Inc. Announcement: Shareholder Rights Investigation

NEW YORK, Dec. 22, 2024 (GLOBE NEWSWIRE) --

WHY: The Rosen Law Firm, recognized as a global advocate for investor rights, is currently investigating potential securities claims on behalf of shareholders of Light & Wonder, Inc. (NASDAQ: LNW). This investigation arises from allegations suggesting that Light & Wonder may have provided misleading business information to the investing public.

SO WHAT: If you have purchased securities of Light & Wonder, you might be eligible for compensation without incurring any out-of-pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is organizing a class action aimed at recovering losses suffered by investors.

WHAT TO DO NEXT: If you are interested in joining this potential class action, please visit this link or contact Phillip Kim, Esq. at their toll-free number, 866-767-3653, or via email at [email protected] for additional details regarding the class action.

WHAT IS THIS ABOUT: An article published on September 24, 2024, by the Las Vegas Review-Journal, reported that Aristocrat Technologies Inc. had been granted a preliminary injunction in a lawsuit against Light & Wonder regarding trade secrets and copyright infringement. The ruling prevents Light & Wonder from selling, leasing, or commercializing its product, Dragon Train, claimed to utilize Aristocrat's intellectual property from Dragon Link and Lightning Link games.

This news resulted in a significant drop in Light & Wonder's stock value, which plummeted by 19.49% on the same day.

WHY CHOOSE ROSEN LAW: Investors are encouraged to select experienced legal representation with a history of success in leading roles within securities litigation. Many firms that issue notices may not possess similar resources, experience, or peer recognition. The Rosen Law Firm focuses on representing investors globally in securities class actions and shareholder derivative litigation. Notably, the firm achieved the largest securities class action settlement against a Chinese company at its time and has consistently ranked highly for successful settlements. In 2019 alone, the firm secured over $438 million for its clients. Founding partner Laurence Rosen has been recognized as a Titan of the Plaintiffs' Bar by law360 in 2020, and many attorneys within the firm have received accolades from Lawdragon and Super Lawyers.

Stay updated by following the Rosen Law Firm on LinkedIn, Twitter, and Facebook.

Attorney Advertising: Past results do not guarantee a similar outcome.

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 protected]
www.rosenlegal.com

investigation, securities, lawsuit