Proposed Settlement Announced for Fidelity National Securities Class Action Lawsuit

Class Action Settlement Proposed for Fidelity National Information Services, Inc.

Labaton Keller Sucharow LLP has announced a significant development in the ongoing securities litigation involving Fidelity National Information Services, Inc. (FIS). On March 16, 2026, it was reported that a proposed settlement of a class action lawsuit could grant a total of $210 million to eligible members of the settlement class. This settlement offers a potential resolution for those who purchased FIS common stock during the class period from May 7, 2020, to February 10, 2023.

Background of the Class Action

The lawsuit was filed in the United States District Court for the Middle District of Florida, which heard claims from lead plaintiffs representing shareholders who believe they suffered damages due to alleged misleading information about the company’s performance and financial condition. As the nature of such cases can often be complex, this settlement represents a pivotal moment for investors who may have been adversely affected.

In reaching this proposed settlement, the parties involved, including the defendants—Fidelity National Information Services and others—have aimed to establish a fair compensation framework for affected shareholders. The settlement is subject to the approval of the court and aims to provide members of the settlement class with monetary compensation if the plan is confirmed.

Details of the Proposed Settlement

A hearing regarding the settlement will take place on July 9, 2026, at the United States District Court, where Judge Timothy J. Corrigan will preside. During this hearing, the court will evaluate whether to approve the settlement conditions. This proposal is designed to ensure that eligible shareholders receive a fair distribution of the settlement funds, should the court find the settlement reasonable and adequate.

Eligible members of the settlement class will include anyone who purchased FIS stock during the outlined period and has not yet received a Postcard Notice of the settlement terms. Affected individuals can obtain necessary documentation, including the Claim Form, through the dedicated settlement website:
www.FISSecuritiesSettlement.com.

Taking Action

For those seeking compensation, timely submission of a valid Claim Form is crucial. The deadline for submitting these forms is set for May 28, 2026. Shareholders can file claims online or send them by mail. It is essential for potential claimants to understand that failure to submit a claim on time bars them from participating in the distribution of funds, although they will still be bound by the court's rulings.

Furthermore, individuals who wish to opt out of the settlement class must submit a written request by the same deadline, ensuring they are not held accountable for the judicial outcomes of the class action.

Should there be any objections or concerns about the settlement, these must be conveyed to the court by the stipulated dates outlined in the official notices available on the settlement website.

Conclusion

This proposed settlement is a significant development for investors in Fidelity National Information Services, offering a chance at recovery for past losses due to the alleged discrepancies in financial reporting. As the upcoming hearing date approaches, affected shareholders are encouraged to stay informed and take necessary actions to secure their rights in this pivotal securities class action lawsuit. Investors are urged to monitor further updates as the situation unfolds, which could have lasting implications for the company and its stakeholders.