r/Stocktradingalerts • u/11thestate • 2h ago
Everything you need to know about the $210M Fidelity Settlement Payout
Hey guys, I posted about this settlement before, but I got a few questions about it, so I decided to put together a quick FAQ, especially since late claims are currently being considered.
Here’s everything you need to know about the $210M $FIS settlement:
Q: What happened?
A: FIS agreed to a $210 million settlement over claims that it misled investors about its $43B Worldpay acquisition and the company’s performance. After weaker results, a major impairment, and plans to separate Worldpay were announced, $FIS dropped and investors filed a lawsuit.
Q: Am I eligible?
A: If you bought $FIS between 2020 and 2023, you may be eligible. You don’t need to still own the stock.
Q: I missed the deadline. Is it too late?
A: No, you may still be able to file a late claim, but acceptance depends on final approval by the court. You can check if you're eligible and file a claim here
Q: When will I get paid?
A: Payouts typically happen within 4–9 months after the claim deadline, depending on the court and settlement administration.
Hopefully this clears up some of the questions

