Law Office of Brodsky & Smith, LLC Announces Investigation of WMS Industries, Inc.

Law Office of Brodsky & Smith, LLC Announces Investigation of WMS Industries,
                                     Inc.

PR Newswire

BALA CYNWYD, Pa., Feb. 11, 2013

BALA CYNWYD, Pa., Feb. 11, 2013 /PRNewswire/ --Law office of Brodsky & Smith,
LLC announces that it is investigating potential claims against the Board of
Directors of WMS Industries, Inc. ("WMS" or the "Company") (NYSE: WMS)
relating to the proposed acquisition by Scientific Games Corporation.
("SGMS").

Under the terms of the transaction, WMS shareholders will receive only $26.00
in cash for each share of WMS stock they own. The investigation concerns
possible breaches of fiduciary duty and other violations of state law by the
Board of Directors of WMS for not acting in the Company's shareholders' best
interests in connection with the sale process to SGMS. The focus of the
investigation is whether the WMS Board of Directors breached their fiduciary
duties by failing to conduct an adequate and fair sales process prior to
agreeing to this proposed transaction. The transaction will result in a loss
for many long term shareholders as shares of WMS stock traded at $43.02 a
share on February 14, 2011. 

If you own shares of WMS stock and wish to discuss the legal ramifications of
the proposed transaction, or have any questions, you may e-mail or call the
law office of Brodsky & Smith, LLC who will, without obligation or cost to
you, attempt to answer your questions. You may contact Jason L. Brodsky,
Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza,
Suite 602, Bala Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com visiting
http://brodsky-smith.com/541-wms-wms-industries-inc.html, by calling toll free
877-LEGAL-90.

SOURCE Brodsky & Smith, LLC

Website: http://www.brodsky-smith.com
 
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