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FIS SHAREHOLDER ALERT: Jakubowitz Law Reminds Fidelity National Shareholders of a Lead Plaintiff Deadline of May 5, 2023
News provided byJakubowitz Law
Mar 31, 2023, 5:45 AM ET
NEW YORK, March 31, 2023 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Fidelity National Information Services, Inc. (NYSE: FIS).
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This lawsuit is on behalf of all persons or entities who purchased Fidelity National common stock between February 9, 2021 and February 10, 2023, inclusive.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until May 5, 2023 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Fidelity National Information Services, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) the integration of the Company's acquisition, Worldpay, Inc. ("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.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
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SOURCE Jakubowitz Law
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