Rosen Law Firm Investigates Potential Securities Claims for Investors in Light & Wonder, Inc.
The Rosen Law Firm, a prominent entity in investor rights, is actively investigating possible securities claims against Light & Wonder, Inc. (NASDAQ: LNW). This inquiry stems from serious allegations suggesting that Light & Wonder may have issued significantly misleading business information to shareholders, which has raised concerns regarding the integrity of their financial reporting.
Background on Allegations
On September 24, 2024, an article in the Las Vegas Review-Journal indicated that a judge had granted Aristocrat Technologies Inc. a preliminary injunction in its legal battle against Light & Wonder. This ruling prohibits Light & Wonder from further commercializing its "Dragon Train" product, which Aristocrat claims infringes upon its intellectual property associated with their successful Dragon Link and Lightning Link games. The market reacted sharply to this news, with Light & Wonder's stock plummeting by nearly 20% the same day.
Investor Impact
For investors who purchased shares of Light & Wonder during this period, Rosen Law Firm is offering the opportunity to join a prospective class action lawsuit. Importantly, this process does not require any out-of-pocket expenses from plaintiffs. The law firm's contingency fee arrangement means that investors won't have to bear costs unless the case is successful, allowing wider access to legal recourse.
What to Do Next
Anyone who believes they may have been affected by these developments is encouraged to visit the Rosen Law Firm's dedicated page at https://rosenlegal.com/submit-form/?case_id=29678. Alternatively, reaching out directly to attorney Phillip Kim at 866-767-3653 or via email at pk@rosenlegal.com may provide further insights into eligibility and the steps involved in joining the class action.
Why Choose Rosen Law Firm?
Selecting the right legal counsel is critical in class action lawsuits, and the Rosen Law Firm has a renowned track record in successfully representing investors. The firm was recognized as the leading law practice for securities class action settlements, achieving significant recoveries for investors over the years. Their expertise is evidenced by the fact that they secured over $438 million for investors in 2019 alone. The firm consistently ranks among the top firms in the sector—a testament to their dedication and effectiveness in litigating securities class actions.
Stay Updated
To follow their ongoing updates regarding this investigation and others, investors can connect with the Rosen Law Firm on LinkedIn, Twitter, or Facebook.
For further inquiries or assistance, potential claimants can contact the firm to gain clarity on their situation and gain representation from a respected team dedicated to maximizing investor rights and returns. Remember, prior results do not guarantee similar outcomes, but having experienced legal representation can significantly improve your chances in securities litigation.