Portnoy Law Firm Announces Class Action on Behalf of Fiserv, Inc. Investors
FiservFiserv(US:FI) Globenewswire·2025-11-05 16:00

Core Viewpoint - Fiserv, Inc. is facing a class action lawsuit due to misleading statements made during the Class Period from July 23, 2025, to October 9, 2025, which resulted in investors purchasing securities at inflated prices [1][3]. Summary by Relevant Sections Class Action Details - The class action is on behalf of investors who bought Fiserv securities during the specified Class Period, with a deadline of January 5, 2026, for filing a lead plaintiff motion [1]. - Investors are encouraged to contact the Portnoy Law Firm for legal rights discussions and case evaluations [2]. Allegations Against Fiserv - The lawsuit alleges that Fiserv made misleading statements regarding its initiatives and projects, particularly during a guidance revision in July 2025 [3]. - Fiserv claimed that despite delays in certain initiatives, they were fundamentally sound, which was later revealed to be false [3]. - The company's guidance was based on assumptions that were difficult to achieve, leading to artificially inflated security prices and subsequent damages when the truth was disclosed [3]. Legal Representation - The Portnoy Law Firm specializes in representing investors affected by corporate wrongdoing and has a history of recovering over $5.5 billion for clients [4].