Haloperidol and olanzapine, two common prescriptions for schizophrenia, have been demonstrated to reduce the effects of LSD.
There is a connection between the psychoactive properties of LSD and the neurological etiology of schizophrenia, though the connection needs to be studied further.
Yes, research should not be taken as gospel, but it is foolish to think that there is no reason at all for alarm.
Another more recent source: Marona-Lewicka, D., Nichols, C. D., & Nichols, D. E. (2011). An animal model of schizophrenia based on chronic {LSD} administration: Old idea, new results. Neuropharmacology, 61(3), 503 – 512. doi:10.1016/j.neuropharm.2011.02.006