24Business

Investors of Light & Wonder, Inc. (LNW) are encouraged to contact Kaplan Fox regarding an investigation into possible securities law violations Investing.com

NEW YORK–(NewMediaWire)–December 31, 2024–Kaplan Fox & Kilsheimer LLP is investigating possible securities violations against Light & Wonder, Inc. (L&W or the Companies) (NASDAQ: LNW).

CLICK HERE TO GET MORE INFORMATION ABOUT THIS RESEARCH

If you are an L&W investor and have suffered losses, you can CLICK HERE to contact us. You can also contact Kaplan Fox by emailing jcampisi@kaplanfox.com or calling (212) 329-8571.

The company claims to be a global multi-platform gaming company. On September 23, 2024, after the market closed, the Company issued a press release entitled Light & Wonder Statement on Dragon Train Litigation, in which it disclosed that it had received an order from the US District Court for the District of Nevada granting Aristocrat a preliminary injunction which refers to L&Ws Dragon Train game.

Judge Novarros’ September 20, 2024 order found that it was highly likely that Aristocrat would be able to prove that L&W misappropriated Aristocrat’s trade secrets in its development of Dragon Train.

Following this news, L&W’s stock price fell $21.97 per share, nearly 20%, to $90.71 per share on September 24, 2024.

WHY CONTACT KAPLAN FOX – Kaplan Fox is a leading national law firm focusing on complex litigation with offices in New York, Oakland, Los Angeles, Chicago and New Jersey. With over 50 years of experience in securities litigation, Kaplan Fox offers the professional experience and results clients demand. Through litigating cases at the federal and state levels, Kaplan Fox has successfully shaped the law by making many important decisions on behalf of our clients. For more information about Kaplan Fox & Kilsheimer LLP, you can visit our website at www.kaplanfox.com.

This press release may be considered solicitor advertising in some jurisdictions under applicable law and ethical rules.

If you have any questions about this investigation, please contact:

Jeffrey P. Campisi

KAPLAN FOX & KILSHEIMER LLP

800 Third Avenue, 38th floor

New York, New York 10022

(212) 329-8571

jcampisi@kaplanfox.com

Laurence D. King

KAPLAN FOX & KILSHEIMER LLP

1999 Harrison Street, Suite 1560

Oakland, California 94612

(415) 772-4704

lking@kaplanfox.com

See the original release at www.newmediawire.com

Copyright 2024 JCN Newswire. All rights reserved.





Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button