RADNOR, PA - May 7, 2025 (NEWMEDIAWIRE) - The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Light & Wonder, Inc. (NASDAQ: LNW) (“Light & Wonder”).
On September 24, 2024, the Las Vegas Review-Journal, among others, reported that a Nevada District Court had granted Light & Wonder’s competitor, Aristocrat Technologies, Inc. (“Aristocrat”), a preliminary injunction relating to Light & Wonder’s game, Dragon Train, alleging that Light & Wonder misappropriated trade secrets in the development of the game. On this news, Light & Wonder’s stock price fell $21.97, or approximately 19.5%, to close at $90.71 per share on September 24, 2024.
Then, on March 27, 2025, Light & Wonder’s share price began to fall following the filing of an amended complaint by Aristocrat which, among other things, added a claim against Light & Wonder for trade-secrecy violations in connection with Jewel of the Dragon.
If you are a Light & Wonder investor and would like to learn more about our investigation, please CLICK HERE to fill out our online form or contact Kessler Topaz Meltzer & Check, LLP: Jonathan Naji, Esq. (484) 270-1453 or E-mail at info@ktmc.com. You can also click on the following link or paste it in your browser:
Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). For more information about Kessler Topaz Meltzer & Check, LLP, please visit www.ktmc.com.
CONTACT:
Kessler Topaz Meltzer & Check, LLP
Jonathan Naji, Esq.
280 King of Prussia Road
Radnor, PA 19087
(484) 270-1453
info@ktmc.com
May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes.
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