|[February 01, 2013]
The Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of WMS Industries Inc. in Connection with the Sale of the Company to Scientific Games Corporation
NEW YORK --(Business Wire)--
Levi & Korsinsky is investigating the Board of Directors of WMS
Industries Inc. ("WMS" or the "Company") (NYSE: WMS) for possible
breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to Scientific Games Corporation
Click here to learn how to join the action: http://zlk.9nl.com/wms-industries-wms/,
or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, WMS shareholders will receive $26
for each share of WMS stock they own. The transaction has a total
approximate value of $1.5 billion. The investigation concerns whether
the WMS Board of Directors breached their fiduciary duties to
stockholdes by failing to adequately shop the Company before entering
into this transaction and whether Scientific Games Corporation is
underpaying for WMS, thus unlawfully harming WMS stockholders.
If you own common stock in WMS and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email at email@example.com
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or http://zlk.9nl.com/wms-industries-wms/.
Levi & Korsinsky is a national firm with offices in New York, New
Jersey, and Washington D.C. The firm has extensive expertise in
prosecuting securities litigation involving financial fraud,
representing investors throughout the nation in securities and
shareholder lawsuits. The attorneys at Levi & Korsinsky have been
appointed by numerous courts throughout the country to serve as lead
counsel on behalf of shareholders in major securities lawsuits and have
successfully recovered multimillion-dollar damages awards on behalf of
investors. For more information, please feel free to contact any of the
attorneys listed below. Attorney advertising. Prior results do not
guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Toll Free: (877) 363-5972
Fax: (866) 367-6510
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