Rosen Law Firm Investigates Securities Claims Against Light & Wonder, Inc.
Rosen Law Firm, a prominent global law firm dedicated to investor rights, has initiated an investigation into potential securities claims concerning shareholders of Light & Wonder, Inc. (NASDAQ: LNW). This inquiry is rooted in allegations that the company provided materially misleading information regarding its business practices to the investment public.
Why This Matters
On September 24, 2024, the
Las Vegas Review-Journal published a significant article that indicated Light & Wonder faced legal challenges from Aristocrat Technologies Inc. The article revealed that a preliminary injunction had been granted against Light & Wonder, restricting its plans to market and sell Dragon Train—a product that Aristocrat alleged infringed upon its intellectual property for its Dragon Link and Lightning Link games. Following this damaging news, Light & Wonder's stock suffered a steep decline of nearly 19.5%.
For investors who purchased Light & Wonder securities, there's an opportunity for legal recourse. Under a contingency fee arrangement, affected investors can seek compensation without any upfront costs. The Rosen Law Firm is actively preparing a class action lawsuit aimed at recovering losses for investors who may have been deceived by the company's statements.
How to Participate
Investors interested in participating in this class action can easily do so by visiting the Rosen Law Firm's official website at
rosenlegal.com or contacting Phillip Kim, Esq. directly at 866-767-3653. Additionally, email inquiries can be sent to [email protected] for further details regarding the class action process.
Why Choose Rosen Law Firm
Rosen Law Firm emphasizes the importance of selecting qualified representation for securities lawsuits. The firm boasts a formidable track record, previously achieving one of the largest securities class action settlements against a Chinese company. Since 2013, it has consistently ranked in the top tier for the number of securities class action settlements. In 2019 alone, the firm recovered over $438 million for investors. Notably, Laurence Rosen, one of the founding partners, has been named a Titan of the Plaintiffs' Bar by
Law360, and many attorneys within the firm have garnered recognition from prestigious platforms such as Lawdragon and Super Lawyers.
This ongoing investigation highlights the need for vigilance among investors regarding corporate disclosures and the implications of misleading statements. As the situation unfolds, Rosen Law Firm continues to advocate for investor rights and seeks to secure necessary compensation for those affected by the alleged misconduct of Light & Wonder, Inc.
Stay Updated
For those looking to stay informed, Rosen Law Firm encourages following them on various social media platforms including LinkedIn, Twitter, and Facebook. This ensures investors and interested parties remain aware of any updates or developments regarding the ongoing investigation and class action lawsuit.
For further 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
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