| COMPANY |
Fidelity National Information Services, Inc. |
| COURT |
United States District Court for the Middle District of Florida |
| CASE NUMBER |
23-cv-00252 |
| JUDGE |
The Hon. Timothy J. Corrigan |
| CLASS PERIOD |
February 9, 2021 and February 10, 2023 |
| SECURITY TYPE |
Common Stock |
Case Background:
A class action lawsuit has been filed on behalf of those who purchased or acquired Fidelity National Information Services, Inc. (“Fidelity National”) (NYSE: FIS) common stock between February 9, 2021 and February 10, 2023, both dates inclusive (the “Class Period”).
The complaint alleges that, throughout the Class Period, Defendants misled investors and/or failed to disclose that: (1) the integration of Worldpay was not ahead of schedule; (2) the integration of Worldpay was not successfully completed during the Class Period; (3) the increases in revenue synergies were not driven by the Worldpay integration; and (4) as a result, Defendants’ positive statements about the company’s financial guidance, business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Current Status of Case:
On September 22, 2023, Defendants filed a Motion to Dismiss which is being briefed. This action is ongoing.
If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP: Jonathan Naji, Esq. (484) 270-1453 or via e-mail at info@ktmc.com. If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.