#United States #New York #Rosen Law Firm #Securities Class Action #Light & Wonder

Rosen Law Firm's Investigation Into Light & Wonder, Inc.

The Rosen Law Firm, recognized globally for its commitment to investor rights, is currently conducting an investigation into Light & Wonder, Inc. (NASDAQ: LNW). This investigation seeks to uncover potential securities claims on behalf of the company's shareholders. Recent reports have surfaced alleging that Light & Wonder may have provided materially false or misleading information to the investing public, which could significantly impact the company's stock performance and its investors.

Background of the Investigation

The impetus for this investigation stems from an article published by the Las Vegas Review-Journal on September 24, 2024. The article announced that Aristocrat Technologies Inc. had received a preliminary injunction in a legal battle against Light & Wonder, related to claims of trade secrecy and copyright infringement. The injunction specifically prohibits Light & Wonder from continuing the sale and commercialization of its product 'Dragon Train', to which Aristocrat contends that it has rights based on intellectual property it developed for its own games, such as 'Dragon Link' and 'Lightning Link'.

The market's reaction to this news was immediate and severe; shares of Light & Wonder plummeted by nearly 19.5% on the same day, which raised alarms among investors regarding the authenticity of the information previously provided by the company and its potential financial implications.

What Does This Mean for Investors?

For investors who acquired stocks of Light & Wonder during this tumultuous period, there exists a possibility of recovery for their losses. The Rosen Law Firm is offering a class-action lawsuit, allowing investors to join without incurring out-of-pocket expenses, as the firm operates on a contingency fee basis. This means that legal fees will be paid from any settlements awarded, ensuring that investors can seek justice without the fear of having to pay upfront.

How to Get Involved

To explore participation in this class action, interested shareholders are encouraged to reach out to the Rosen Law Firm. Investors can either fill out the submission form available on their official website or contact attorney Phillip Kim via phone or email for more detailed information. This outreach is especially relevant for shareholders who might have faced significant losses due to the decline in Light & Wonder’s stock price.

Submit a Form Here or call 866-767-3653 for more information.

Why Choose Rosen Law Firm?

When selecting legal representation, it's critical for investors to choose firms with proven track records in securities class action litigation. The Rosen Law Firm has established itself as a leader in this field, previously securing substantial settlements for investors. In fact, the firm was ranked number one in 2017 by ISS Securities Class Action Services for the total number of settlements achieved. Over the years, they have successfully recovered hundreds of millions of dollars for their clients.

In 2019 alone, the firm successfully obtained over $438 million on behalf of investors, showcasing their resilience and dedication to protecting investors' rights. Moreover, Laurence Rosen, the firm's founding partner, has been recognized as a significant figure in the plaintiffs' attorney community, demonstrating the caliber of the legal team available to their clients.

Stay Informed

Investors are encouraged to stay up to date with the latest developments regarding the Light & Wonder investigation and other related updates by following the Rosen Law Firm on various social media platforms including LinkedIn, Twitter, and Facebook.

By remaining informed and proactive, shareholders can navigate this uncertain landscape with the support of a legal team that prioritizes their rights and interests.

For inquiries, please reach out to:

• - 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