Financial News

LNW INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces an Investigation into Light & Wonder, Inc. and Encourages Investors to Contact the Firm

Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Light & Wonder, Inc. (“Light & Wonder” or “the Company”) (NASDAQ: LNW). Investors who purchased Light & Wonder securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/LNW.

Investigation Details

In February 2024, Aristocrat Technologies (“Aristocrat”) sued L&W in the U.S. District Court for the District of Nevada, alleging that L&W’s “Dragon Train” series of slot machines bears similarities to Aristocrat’s own “Dragon Link” series and questioning the role of two former Aristocrat designers in developing “Dragon Train”. On September 23, 2024, the court entered an order enjoining L&W from “any continued or planned sale, leasing, or other commercialization of Dragon Train”, finding a high likelihood that Aristocrat would prevail on the merits of its lawsuit. On this news, L&W’s stock price fell $21.97 per share, or 19.5%, to close at $90.71 per share on September 24, 2024.

What's Next?

If you are aware of any facts relating to this investigation or purchased Light & Wonder securities, you can assist this investigation by visiting the firm’s site: bgandg.com/LNW. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.

There is No Cost to You

We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Bronstein, Gewirtz & Grossman, LLC

Peretz Bronstein or Nathan Miller

332-239-2660 | info@bgandg.com

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.

Use the myMotherLode.com Keyword Search to go straight to a specific page

Popular Pages

  • Local News
  • US News
  • Weather
  • State News
  • Events
  • Traffic
  • Sports
  • Dining Guide
  • Real Estate
  • Classifieds
  • Financial News
  • Fire Info
Feedback