investors can Contact the law firm for free to learn more about recovering their losses
LOS ANGELES, Sept. 15, 2022 (GLOBE NEWSWIRE) — The law firm of Portnoy International Game Technology PLC (“IGT” or “the Company”) (NYSE: IGT) advises investors that the Company has launched an investigation into possible securities fraud and may file a class action lawsuit on behalf of investors. International game technology investors who have lost money investing are encouraged to do so Contact Lesley Portnoy, Esq.
Investors are encouraged to contact an attorney Lesley F Portnoyby phone 844-767-8529 or E-mail: [email protected] to discuss your legal rights, or click here to join the case about www.portnoylaw.com. Portnoy Law Firm can provide a free case assessment and discuss investors’ options for making claims to recover their losses.
The investigation focuses on whether the company made false and/or misleading statements and/or failed to disclose information relevant to investors. IGT announced in an August 9, 2022 press release that “an agreement in principle to resolve the Benson v. DoubleDown Interactive LLC, et. Al. Litigation and Related Proceedings (the ‘Benson Matters’).” The Company added, “A total of $415 million will be paid into a settlement fund, to which IGT’s affiliates will contribute $269.75 million,” and that “as a result of the settlement agreement, IGT will recognize non-operating expenses of $119.75 million in the third quarter related to the incremental loss related to the Benson matters and related claims between IGT and DoubleDown and their respective subsidiaries and affiliates Corporate accrued ($150 million accrued in Q2).”
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Portnoy Law Firm represents investors in asserting claims against companies caused by wrongdoing. The firm’s founding partner has recovered over $5.5 billion for aggrieved investors….
Continue to read on GlobeNewswire https://www.globenewswire.com/news-release/2022/09/15/2517283/0/en/International-Game-Technology-PLC-Investors-Company-Investigated-by-the-Portnoy-Law-Firm.html