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, Feb. 4, 2013
NEW YORK, Feb. 4, 2013 /PRNewswire/ --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
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http://zlk.9nl.com/wms-industries-wms/, or call: 877-363-5972. There is no
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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 stockholders 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
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
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
SOURCE Levi & Korsinsky, LLP
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