Faruqi & Faruqi, LLP is Seeking More Cash for the Shareholders of WMS
Industries Inc. (WMS)
NEW YORK -- February 8, 2013
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New
York City, is investigating the Board of Directors of WMS Industries, Inc.
(“WMS” or the “Company”) (NYSE: WMS) for potential breaches of fiduciary
duties in connection with their conduct related to the sale of the Company to
Scientific Games Corporation (Nasdaq: SGMS) in an all-cash deal valued at
approximately $1.5 billion. Under the terms of the proposed transaction, WMS’
stockholders will receive $26 in cash for each share of WMS common stock they
Request more information now by clicking here: www.faruqilaw.com/WMS. There is
no cost or obligation to you.
The investigation focuses on whether WMS’ Board of Directors breached their
fiduciary duties to the Company’s stockholders by failing to conduct an
adequate and fair sales process prior to agreeing to this proposed
transaction, whether and by how much this proposed transaction undervalues the
Company to the detriment of WMS’ shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents investors and
individuals in class action litigation. The firm is focused on providing
exemplary legal services in complex litigation in the areas of securities,
shareholder, antitrust and consumer litigation, throughout all phases of
litigation. The firm has an experienced trial team which has achieved
significant victories on behalf of the firm’s clients.
If you own common stock in WMS and wish to obtain additional information and
protect your investments free of charge, please visit us at
www.faruqilaw.com/WMS or contact Juan E. Monteverde, Esq. either via e-mail at
firstname.lastname@example.org or by telephone at (877) 247-4292 or (212) 983-9330.
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results do not guarantee or predict a similar outcome with respect to any
future matter. We are happy to discuss your particular case.
Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
Toll Free: (877) 247-4292
Phone: (212) 983-9330
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