Light & Wonder, Inc. Securities Investigation by Rosen Law Firm

NEW YORK, Dec. 22, 2024 (GLOBE NEWSWIRE) -- The Rosen Law Firm, a prominent global investor rights law firm, has announced that it is investigating potential securities claims for shareholders of Light & Wonder, Inc. (NASDAQ: LNW). This investigation is based on allegations that the company may have provided materially misleading information regarding its business operations to the investment community.

Why This Matters: Shareholders who bought Light & Wonder securities may qualify for compensation without any upfront fees, as the Rosen Law Firm operates on a contingency fee basis. The firm is currently preparing to file a class action lawsuit aiming to recover losses incurred by investors.

What To Do Next: If you believe you have standing to join this class action, you can visit the following link to submit your information: Join the Class Action. Alternatively, you can contact Phillip Kim, Esq. toll-free at 866-767-3653 or via email at [email protected] to get updated details about the class action.

Background Information: The investigation follows an article published on September 24, 2024, in the Las Vegas Review-Journal, which noted that Aristocrat Technologies Inc. had successfully obtained a preliminary injunction in its lawsuit against Light & Wonder. The article revealed that this injunction barred Light & Wonder from selling or commercializing the "Dragon Train" product, alleged to have used intellectual property developed for Aristocrat’s popular game series, Dragon Link and Lightning Link. As a result of this news, Light & Wonder’s stock experienced a significant decline of 19.49% on the same day.

Why Choose Rosen Law Firm: Investors are urged to select legal representation that has a proven track record in handling similar cases successfully. The Rosen Law Firm stands out with its extensive experience, resources, and peer recognition. Unlike many firms that issue announcements without solid credentials, Rosen Law Firm specializes in securities class actions and has secured significant settlements for investors. Notably, in 2017, they were ranked No. 1 by ISS Securities Class Action Services for their settlements, and since 2013, they have consistently ranked among the top firms in this field. The firm has recovered hundreds of millions for investors, including over $438 million in 2019 alone. Laurence Rosen, a founding partner, was honored as a Titan in the Plaintiffs' Bar by Law360 in 2020.

For more updates, you can follow the Rosen Law Firm on social media: LinkedIn, Twitter, and Facebook.

Attorney Advertising. Past results do not guarantee a similar outcome.

Contact Information:

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

Light, Wonder, investigation