Investors of Light & Wonder, Inc. Urged to Join Class Action
Investors Encouraged to Act on Securities Claims
The Rosen Law Firm, recognized globally for protecting investor rights, is initiating an investigation into securities claims for shareholders of Light & Wonder, Inc. (NASDAQ: LNW). This inquiry arises from concerns that the company may have provided misleading business information.
Understanding Your Rights as an Investor
If you have purchased shares in Light & Wonder, you may have a right to compensation. The Rosen Law Firm offers a contingency fee arrangement, meaning that you can pursue a claim without facing upfront legal costs.
The Situation Explained
An article in a prominent Las Vegas publication indicated that a major competitor, Aristocrat Technologies Inc., was granted a preliminary injunction against Light & Wonder regarding trade secrets and copyright infringement. This legal action prohibits the company from selling or leasing its Dragon Train product, which allegedly infringes on Aristocrat's intellectual property.
Impact on Stock Performance
Following this announcement, the share price of Light & Wonder dropped significantly, plummeting by nearly twenty percent. This decline signals potential investor losses that may have stemmed from these events.
Selecting the Right Legal Representation
When considering representation in a class action suit, it’s important to choose a firm with a proven track record in securities law. Rosen Law Firm has a history of successful outcomes, having recovered substantial amounts for investors over the years. They've been recognized for achieving the largest securities settlement against a Chinese entity and ranked highly for the number of class action settlements.
Why Rosen Law Firm Stands Out
With years of experience, the firm boasts a high level of expertise in handling complex securities cases. They’ve recovered hundreds of millions of dollars for aggrieved shareholders, illustrating their capability and commitment to their clients.
Staying Updated with Corporate News
Investors can follow the latest updates by engaging with the Rosen Law Firm through their professional social media channels on LinkedIn, Twitter, and Facebook. Keeping abreast of developments in the justice system as they pertain to Light & Wonder is vital for all shareholders.
Contact Information for Further Inquiries
For more personalized assistance, you can contact Laurence Rosen, Esq., or Phillip Kim, Esq. at The Rosen Law Firm. Their office is located in New York, and they are available to provide insights regarding participation in the class action. You can reach them easily by phone or through their official website.
Frequently Asked Questions
What is the investigation by Rosen Law Firm about?
The Rosen Law Firm is examining possible securities claims against Light & Wonder, Inc. due to potentially misleading information issued to investors.
Who can participate in the class action?
Any shareholders of Light & Wonder, Inc. who purchased securities may be eligible to join the class action.
What should I do if I invested in Light & Wonder?
If you are a current or past investor, consider reaching out to Rosen Law Firm for guidance on joining the potential class action.
How does a contingency fee work?
A contingency fee means that you will not pay legal fees unless the lawsuit is successful, allowing you to pursue your rights without upfront costs.
Why choose The Rosen Law Firm?
Rosen Law Firm has extensive experience in securities class actions and has a proven success record in securing compensation for investors around the world.
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