CHICAGO - A lead plaintiff in a securities class action lawsuit against a gaming machine manufacturer and distributor and certain of its executive officers has failed to plead a material misrepresentation in making his claims that the defendants misrepresented the company's business and financial condition in violation of federal securities laws, a federal judge in Illinois ruled April 24 (Wayne C. Conlee v. WMS Industries Inc., et al., No. 11-3503, N.D. Ill.; 2013 U.S. Dist. LEXIS 58785)....(read more)Image may be NSFW.
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