WMS Industries Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Sale of WMS Industries, Inc. to Scientific

  WMS Industries Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP
  Investigate Sale of WMS Industries, Inc. to Scientific Games

Business Wire

DALLAS -- January 31, 2013

Former United States Securities and Exchange Commission attorney Willie
Briscoe and the securities litigation firm of Powers Taylor, LLP are
investigating the sale of WMS Industries, Inc. (“WMS”) (NYSE: WMS) to
Scientific Games Corporation for shareholders. Under the terms of the proposed
deal, which is valued at approximately $1.5 billion, WMS shareholders will
only receive $26.00 in cash for each share of WMS stock owned. The merger is
expected to close by the end of 2013.

If you are an affected investor, and you want to learn more about the lawsuit
or join the action, please contact Willie Briscoe at The Briscoe Law Firm,
PLLC, (214) 239-4568, via email at WBriscoe@TheBriscoeLawFirm.com or Patrick
Powers, at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at
patrick@powerstaylor.com. There is no cost or fee to you.

The WMS sale investigation centers on whether WMS shareholders are receiving
adequate compensation for their shares in the buyout, whether the transaction
undervalues WMS stock, and whether WMS’s board attempted to obtain the highest
share price for all shareholders prior to agreeing to the deal. According to
shareholder rights attorney Patrick Powers, “Based on the proposed sale price,
the size of the deal and other factors, we are investigating whether this
transaction properly values WMS stock. We will be seeking to obtain the
highest share price for all shareholders.”

The Briscoe Law Firm, PLLC is a full service business litigation and
shareholder rights advocacy firm with more than 20 years of experience in
complex litigation and transactional matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of
complex business litigation matters, including claims of investor and
stockholder fraud, shareholder oppression, shareholder derivative suits, and
security class actions.

Contact:

The Briscoe Law Firm, PLLC
Willie Briscoe, 214-239-4568
WBriscoe@TheBriscoeLawFirm.com
or
Powers Taylor, LLP
Patrick Powers, 877-728-9607
patrick@powerstaylor.com
 
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