During the class period, defendants made false and/or misleading statements about Fidelity National’s latest acquisition of Worldpay by assuring investors it had “successfully completed the Worldpay integration” and touting the benefits of the Worldpay integration for the Company. (“Worldpay”) for $43 billion, consisting of $35 billion in cash and the assumption of $8 billion in debt. Fidelity National provides global e-commerce and payment technologies to financial institutions and businesses and, in recent years, has become the largest processing and payments company in the world.Īccording to the complaint, on July 31, 2019, Fidelity National announced it had closed the acquisition of payments company Worldpay, Inc.
(NYSE: FIS) common stock between Februand February 10, 2023, for violations of the Securities Exchange Act of 1934. (FIS) Misled Investors Regarding the Integration of Worldpay, Inc.Ī shareholder filed a class action on behalf of all persons or entities who purchased Fidelity national Information Services, Inc.
Fidelity National Information Services, Inc.