#United States #New York #Rosen Law Firm #Light & Wonder #LNW

Rosen Law Firm Investigates Securities Claims for Light & Wonder, Inc.

The Rosen Law Firm, a renowned global law firm focused on investor rights, is actively pursuing investigations into potential securities claims for shareholders of Light & Wonder, Inc. (NASDAQ: LNW). This action arises from serious allegations that the company may have misled investors with materially deceptive business information.

Background of the Investigation

The need for a legal inquiry came following alarming reports indicating that Light & Wonder faced significant legal challenges. An article published by the Las Vegas Review-Journal on September 24, 2024, titled "Slot manufacturer scores major win against Las Vegas-based rival," detailed a court ruling in favor of Aristocrat Technologies Inc. The court granted Aristocrat a preliminary injunction in its ongoing trade secret and copyright infringement lawsuit against Light & Wonder. This ruling prevents Light & Wonder from proceeding with commercialization of its product, Dragon Train, which was alleged to infringe upon Aristocrat's intellectual property associated with its Dragon Link and Lightning Link games.

On the back of this negative news, Light & Wonder's stock plummeted by 19.49%, causing considerable distress among investors. Such drastic fluctuations in stock value raise concerns about the company's transparency and adherence to securities laws.

Actions for Affected Investors

If you have invested in Light & Wonder securities, there are ways you may be able to seek compensation through a class action lawsuit spearheaded by the Rosen Law Firm. Importantly, this initiative is structured on a contingency fee basis, requiring no upfront fees from claimants. Investors wishing to join the prospective class action can do so through Rosen Law's website or by contacting Phillip Kim, Esq. via toll-free numbers or email.

Choosing the Right Legal Counsel

The firm underscores the importance of selecting experienced and proven legal representation. Rosen Law Firm has established a commendable reputation for securing significant settlements in securities class actions, including notable achievements in past litigations. Its track record includes the highest-ever settlement against a Chinese company at the time and consistent recognition for the number of successful settlements achieved annually. In 2020, Rosen Law's founding partner, Laurence Rosen, was acknowledged as a Titan of the Plaintiffs' Bar by Law360, further enhancing the firm's credibility.

Ongoing Commitment to Investors

Rosen Law Firm is committed to updating its clients and the public on the ongoing situation regarding Light & Wonder, Inc. Investors can stay informed through their social media platforms, such as LinkedIn, Twitter, and Facebook.

With an emphasis on protecting the rights of investors, the firm is urging those impacted by the recent news surrounding Light & Wonder to consider their legal options promptly. Investors often face overwhelming challenges in the wake of sudden stock declines, but with the right support and guidance from qualified legal experts, they can pursue justice effectively.

In summary, this potential class action represents an opportunity for investors affected by Light & Wonder's recent business disclosures to seek the compensation they may be entitled to. While the landscape may seem daunting, the resources and support of experienced legal professionals can provide a pathway toward recovery.