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

Rosen Law Firm Investigates Light & Wonder, Inc.

The Rosen Law Firm, known globally for representing investor rights, is taking steps to investigate claims related to securities on behalf of shareholders of Light & Wonder, Inc. (NASDAQ: LNW). This investigation arises in light of recently reported allegations suggesting that the company may have misled the public regarding its business operations.

The Context of the Investigation

On September 24, 2024, a significant article from the Las Vegas Review-Journal revealed that a preliminary injunction had been granted against Light & Wonder in a lawsuit concerning trade secrets and copyright infringement. This legal battle involves Aristocrat Technologies, a competing slot machine manufacturer, which claimed that Light & Wonder's product, Dragon Train, was utilizing proprietary technology related to Aristocrat’s Dragon Link and Lightning Link games. The repercussions of this information were immediate, causing Light & Wonder’s stock to drop by almost 20% in a single day.

Such events typically trigger class action lawsuits when investors believe they have been harmed financially due to misleading information or lack of transparency on the part of the company.

What This Means for Investors

If you were an investor in Light & Wonder and suffered losses, you might be eligible to join a potential class action lawsuit. Notably, the Rosen Law Firm operates on a contingency fee basis, meaning that investors can seek compensation without upfront costs. This model ensures that Rosen Law Firm is committed to winning cases, as their payment is contingent on a successful outcome for their clients.

Steps for Participation

To express your interest in participating in the class action lawsuit, you can visit the Rosen Law Firm’s official website at rosenlegal.com or contact Phillip Kim, Esq. at 866-767-3653. Investors can also reach out via email at [email protected] for further details about the action being considered.

The Reputation of the Rosen Law Firm

The Rosen Law Firm has gained a reputation for its effective representation of shareholders in securities class actions. Historically, they achieved the largest settlement for a securities class action against a Chinese company at the time. According to ISS Securities Class Action Services, they were ranked as the number one law firm for securities class action settlements in 2017 and have maintained a top position annually since 2013, securing hundreds of millions in recoveries for investors. This underscores the firm’s expertise and commitment to its clients.

Rosen Law Firm’s founding partner, Laurence Rosen, has been recognized as a prominent figure in the plaintiff's bar, illustrating the firm’s credibility and effectiveness in litigation. Many attorneys within the firm have received accolades from prestigious legal recognitions such as Lawdragon and Super Lawyers.

Conclusion

For current and former investors of Light & Wonder, this is a pivotal moment to realize potential compensation from possible securities claims. Staying informed and taking action through qualified legal counsel, such as the Rosen Law Firm, could allow shareholders to reclaim losses incurred due to the company's recent challenges. For updates and information, interested parties can follow the Rosen Law Firm on platforms such as LinkedIn, Twitter, and Facebook.

For those affected by this situation, prompt action is advised to secure your rights as an investor. Attorney advertisements highlight that prior successes do not guarantee similar outcomes, emphasizing the need for professional support during these turbulent times.