Morgan & Morgan Announces Investigation of Bally Technologies, Inc. - BYI

Aug 06, 2014, 15:30 ET from Morgan & Morgan

NEW YORK, Aug. 6, 2014 /PRNewswire/ -- Morgan & Morgan announces that it is investigating potential claims against the Board of Directors of Bally Technologies, Inc. ("Bally" or the "Company") (NYSE: BYI) relating to the proposed acquisition by Scientific Games Corporation ("Scientific Games").

If you purchased Bally shares and want more information about the Bally takeover investigation, please contact Morgan & Morgan at 1-800-732-5200 or email at

Under the terms of the transaction, Bally shareholders will receive only $83.30 in cash for each share of Bally stock they own. The transaction may undervalue Bally as an analyst has set a $90 per share target for Bally stock.

Morgan & Morgan's investigation concerns whether Bally's Board of Directors breached their fiduciary duties to Bally's shareholders.

Morgan & Morgan is one of the nation's largest 200 law firms. In addition to securities fraud, the firm also practices in the areas of antitrust, personal injury, consumer protection, overtime, and product liability.  All of the Firm's legal endeavors are rooted in its core mission: provide investor and consumer protection and always fight "for the people." 

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Morgan & Morgan
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SOURCE Morgan & Morgan