Ballys Corporation (BALY): Bronstein Gewirtz & Grossman LLC Announces Investigation
Attorney Advertising
Bronstein Gewirtz & Grossman LLC is investigating potential claims on behalf of investors of Ballys Corporation ("Bally's" or "the Company") (NYSE: BALY). Investors who purchased Bally's securities are encouraged to obtain additional information and contact the firm by visiting the firm's site: www.bgandg.com/baly.
Why Bronstein Gewirtz & Grossman LLC?
Bronstein Gewirtz & Grossman LLC is a nationally recognized law firm devoted to representing investors and whistleblowers in class action securities litigation. The firm has recovered billions of dollars for investors and whistleblowers. Its attorneys have over 100 years of experience litigating class action cases and have achieved significant results for their clients.
Potential Claims
On July 25, 2024, Bally's announced that it had agreed to be acquired by Standard General L.P. ("Standard General"). Pursuant to the terms of the merger agreement, Bally's shareholders will receive $30.75 per share in cash for each share of Bally's common stock they own.
On August 12, 2024, a class action lawsuit was filed against Bally's and its board of directors alleging that the merger agreement undervalues Bally's and that the board breached its fiduciary duties to shareholders.
What Should Investors Do?
If you purchased Bally's securities, you may have legal claims against the Company. To obtain additional information and learn about your legal rights, please visit the firm's site: www.bgandg.com/baly. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Nathanson of Bronstein Gewirtz & Grossman, LLC: plaintiffs@bgandg.com or via their toll free number at (866) 943-6009.
Contact:
- Peretz Bronstein
- Bronstein Gewirtz & Grossman, LLC
- (212) 697-6688
- plaintiffs@bgandg.com
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