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News  ›  GlobeNewswire Inc.

Portnoy Law Firm Announces Class Action on Behalf of Fiserv, Inc. Investors

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Portnoy Law Firm
Portnoy Law Firm Announces Class Action on Behalf of Fiserv, Inc. Investors

A class action lawsuit has been filed against Fiserv, Inc. for allegedly making misleading statements about its 2025 guidance and business initiatives between July and October 2025. The company claimed initiatives were 'fundamentally sound' despite delays, but later admitted the guidance was based on assumptions that would have been 'objectively difficult to achieve.' Investors who purchased securities during this period at artificially inflated prices may be eligible to join the lawsuit.

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The company is accused of making materially false and misleading statements regarding its business initiatives and 2025 guidance. Defendants allegedly misrepresented that delayed projects were 'fundamentally sound' when internal assumptions were objectively difficult to achieve, resulting in investors purchasing securities at artificially inflated prices and suffering losses.