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

Rosen Law Firm Investigates Light & Wonder, Inc.

In a significant development for investors of Light & Wonder, Inc. (NASDAQ: LNW), the Rosen Law Firm, an eminent global law firm known for advocating investor rights, has initiated an investigation regarding possible securities claims. This move comes in response to recent allegations suggesting that Light & Wonder may have issued materially misleading business information to the public, potentially affecting the investment decisions of its shareholders.

The Nature of the Investigation

On February 20, 2025, the Rosen Law Firm announced that it continues its thorough investigation into the actions of Light & Wonder. This inquiry primarily stems from claims concerning the company's disclosure practices and the implications they have had on its stock performance. Investors who purchased Light & Wonder securities are encouraged to assess their legal options, as they may be eligible for compensation without incurring any out-of-pocket fees or expenses due to the firm’s contingency fee arrangement.

Allegations and Stock Performance

The roots of this investigation can be traced back to a concerning article published by the Las Vegas Review-Journal on September 24, 2024. The article reported that Aristocrat Technologies Inc. had been granted a preliminary injunction in a trade secret lawsuit against Light & Wonder. The court order effectively prevents Light & Wonder from proceeding with the sale or commercialization of its product, Dragon Train, citing its reliance on intellectual property owned by Aristocrat.

As a direct consequence of this news, Light & Wonder's share price suffered a dramatic decline of 19.49% on the same day, raising significant concerns among investors regarding the company’s future and the integrity of its public communications.

How Investors Can Act

Investors looking to join the potential class action lawsuit are urged to contact the Rosen Law Firm. Interested parties can visit the firm’s website or reach out directly via phone or email to gain more information about their rights and the ongoing investigation. This proactive approach can aid in facilitating a class action aimed at recovering investor losses.

Why Choose Rosen Law Firm?

Rosen Law Firm prides itself as a leading entity in the realm of securities litigation. The firm has a proven track record of success, having achieved the largest-ever settlement for securities class actions against a Chinese company, and is consistently recognized for its outstanding performance in this specialized field. Since 2013, it has maintained its ranked position among the top four firms in terms of class action settlements, recovering hundreds of millions of dollars on behalf of investors.

Furthermore, in 2019 alone, the firm secured over $438 million for its clients, establishing itself as a reliable choice for investors navigating the complexities of securities law. Recognized by entities such as Law360 and Lawdragon, the attorneys at Rosen Law Firm are equipped with the expertise necessary to handle such cases effectively.

Stay Updated

For ongoing updates concerning this investigation and related issues, investors and interested parties are encouraged to follow the Rosen Law Firm on social media platforms, including LinkedIn and Twitter. This outreach will provide timely information on important developments and opportunities for affected investors.

In conclusion, if you are a shareholder of Light & Wonder, taking swift action is crucial. Contact the Rosen Law Firm today to explore your options and understand your rights regarding this ongoing investigation. With their esteemed background and dedication to investor recovery, you may find yourself in capable hands as you navigate these challenging circumstances.