BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Light & Wonder, Inc. (“L&W” or the “Company”) (NASDAQ: LNW) investors concerning the Company’s possible violations of federal securities laws.
On September 24, 2024, news sources reported that a Nevada District Court had granted L&W’s competitor, Aristocrat Leisure Limited (“Aristocrat”), a preliminary injunction relating to L&W’s game, Dragon Train, alleging that the Company misappropriated trade secrets in the development of the game.
On this news, L&W’s stock price fell $21.97, or 19.5%, to close at $90.71 per share on September 24, 2024, thereby injuring investors.
If you purchased L&W securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847 or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
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