Long-Term Shareholders of Western Digital, Shift4 Payments, Masimo, Fidelity National Information Alert: Johnson Fistel, LLP Encourages Investors to Submit Their Information Below

SAN DIEGO, June 13, 2024 (GLOBE NEWSWIRE) --

Western Digital Corporation (NASDAQ: WDC)

Johnson Fistel, LLP is investigating potential claims on behalf of Western Digital Corporation against certain of its officers and directors.

If you are a current, long-term shareholder of Western Digital Corporation holding shares before 2020, you may have standing to hold Western Digital harmless from the alleged harm caused by the Company's officers and directors by making them personally responsible. You may also be able to assist in reforming the Company's corporate governance to prevent future wrongdoing. You can click or copy and paste the link below in a browser to join this action:

https://www.johnsonfistel.com/investigations/western-digital

Western Digital, a data storage manufacturer, has recently received public scrutiny relating to its SanDisk Extreme SSDs. A recent prospective class action was filed citing breach of contract, fraudulent and unfair business practices, and many other claims. Previously Western Digital faced another class action lawsuit in which the complaint alleged that the company brazenly tried to sneak SMR drives into its “WD Red” lineup marketed for network-attached storage devices.

Shift4 Payments, Inc. (NYSE: FOUR)

Johnson Fistel, LLP is investigating potential claims on behalf of Shift4 Payments against certain of its officers and directors.

If you are a current, long-term shareholder of Shift4 Payments holding shares before November 10, 2021, you may have standing to hold Shift4 Payments harmless from the alleged harm caused by the Company's officers and directors by making them personally responsible. You may also be able to assist in reforming the Company's corporate governance to prevent future wrongdoing. You can click or copy and paste the link below in a browser to join this action:

https://www.cognitoforms.com/JohnsonFistel/Shift4PaymentsInc2

Recently a class action complaint was filed against the company. The filed complaint alleges that defendants made false statements and/or concealed that: (i) Shift4 had inadequate disclosure controls and procedures and internal control over financial reporting; (ii) as a result, Shift4 failed to properly account for customer acquisition costs, thereby artificially inflating its net cash provided by operating activities; (iii) accordingly, Shift4 would likely be forced to restate one or more of its previously issued financial statements; (iv) Shift4 employed accounting maneuvers in connection with, among other things, its mass strategic buyout program and sponsor bank merchant settlement account, that were designed to present an inaccurate picture of, inter alia, the Company's performance, its underlying business quality, and its earnings power; (v) all the foregoing, once revealed, was likely to negatively impact Shift4's reputation and business; and (vi) as a result, the Company's public statements were materially false and misleading at all relevant times.

Fidelity National Information Services, Inc. (NYSE: FIS)

Johnson Fistel, LLP is investigating potential claims on behalf of Fidelity National Information Services, Inc. (NYSE: FIS).

If you are a current, long-term shareholder of Fidelity National Information Services holding shares before February 9, 2021, you can click or copy and paste the link below in a browser to join this action: https://www.cognitoforms.com/JohnsonFistel/FidelityNationalInformationServicesInc

Recently a class action lawsuit was filed against Fidelity National Information Services. According to the complaint, on July 31, 2019, Fidelity National announced it had closed the acquisition of payments company Worldpay, Inc. (“Worldpay”) for $43 billion, consisting of $35 billion in cash and the assumption of $8 billion in debt. During the class period, defendants assured investors it had “successfully completed the Worldpay integration” and touted the benefits of the Worldpay integration for the Company.

Masimo Corporation (NASDAQ: MASI)

Johnson Fistel, LLP is investigating potential claims on behalf of Masimo Corporation against certain of its officers and directors.

If you are a current, long-term shareholder of Masimo Corporation holding shares before February 28, 2023, you may have standing to hold Masimo harmless from the alleged harm caused by the Company's officers and directors by making them personally responsible. You may also be able to assist in reforming the Company's corporate governance to prevent future wrongdoing. You can click or copy and paste the link below in a browser to join this action:

https://www.cognitoforms.com/JohnsonFistel/MasimoCorporation

Recently a class action was filed against the company. The Masimo class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) Masimo misled investors by creating the false impression that they possessed reliable information pertaining to Masimo's sales pipeline; (ii) Masimo's forecasting processes failed to adequately account for potential loss of sensor sales among Masimo's customers, as well as the potential decline in demand for premium and luxury audio categories; and (iii) Masimo provided materially flawed revenue guidance for fiscal year 2023.

About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. Johnson Fistel seeks to recover losses incurred due to violations of federal securities laws. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.

Contact:
Johnson Fistel, LLP
Jim Baker, Lead Securities Analyst
Telephone: (619) 814-4471
Email: jimb@johnsonfistel.com