Rosen Law Firm Investigates Light & Wonder, Inc. for Potential Securities Class Action

Rosen Law Firm Investigates Light & Wonder, Inc.

The Rosen Law Firm, a prominent global investor rights law firm, is actively investigating possible securities claims on behalf of shareholders of Light & Wonder, Inc. (NASDAQ: LNW). This inquiry follows allegations that the company may have provided materially misleading information regarding its business operations to the investing public.

What You Should Know

If you are an investor who purchased Light & Wonder securities, you might be eligible for compensation without any out-of-pocket costs, thanks to the firm’s contingency fee arrangement. The Rosen Law Firm is preparing to initiate a class action lawsuit aimed at recovering losses sustained by investors.

Recent Developments

The investigation is partly triggered by a recent article published by the Las Vegas Review-Journal on September 24, 2024. This article reported that Aristocrat Technologies Inc. had successfully obtained a preliminary injunction in its legal battle against Light & Wonder. The court's ruling prohibited the latter from selling or leasing its 'Dragon Train,' a product allegedly developed using trade secrets initially created for Aristocrat's own games, namely the Dragon Link and Lightning Link series. Following this news, shares of Light & Wonder plummeted by nearly 20% on the day of the announcement.

Next Steps for Investors

For those who wish to join the prospective class action, the Rosen Law Firm encourages you to visit their submission page on their website or contact their dedicated attorney, Phillip Kim, Esq., via their toll-free number or email.

Choose the Right Legal Representation

Ensuring you are well represented in such matters is of utmost importance. The Rosen Law Firm underscores the significance of selecting legal counsel with proven success in securities class actions. Many firms claiming to offer such services lack the requisite experience or resources and may not effectively pursue litigation. The Rosen Law Firm, however, has established a remarkable track record representing investors globally and focuses primarily on securities class action lawsuits and shareholder derivative claims.

The firm has made headlines for achieving notable settlements, including one recognized as the largest at that time against a Chinese corporation. They were ranked first in 2017 for the number of securities class action settlements and have consistently maintained a top-four position since then. Over the year 2019 alone, the firm facilitated recovery exceeding $438 million for investors. Noteworthy recognition has also been awarded to their founding partner, Laurence Rosen, who was identified as a Titan of the Plaintiffs' Bar by Law360 in 2020. Many Rosen Law attorneys have earned accolades from Lawdragon and Super Lawyers, reinforcing the firm's prominent status in the legal field.

Stay Informed

The Rosen Law Firm remains committed to keeping investors updated regarding this developing situation and encourages you to follow them on their official social media channels on LinkedIn, Twitter, and Facebook for ongoing news and updates.

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