Fiserv(US:FI) Prnewswire·2025-11-05 23:32Core Viewpoint - A class action lawsuit has been filed against Fiserv, Inc. for allegedly misleading investors regarding its financial growth in 2025, particularly after a significant drop in stock price following disappointing Q3 results [1][2][3]. Allegations - The lawsuit claims that Fiserv revised its 2025 guidance in July, lowering its organic revenue growth expectations due to a review of new initiatives and products, which were said to be fundamentally sound despite delays [2]. - It is alleged that Fiserv's statements in July were false and misleading, as the company later admitted that its guidance was based on assumptions that were difficult to achieve [3]. Financial Impact - Following the announcement of disappointing Q3 2025 results on October 29, 2025, Fiserv's stock price fell by $55.57 per share, a decline of 44%, from $126.17 to $70.60 [3]. Legal Proceedings - Shareholders interested in participating as lead plaintiffs in the class action must submit their papers by January 5, 2026, although participation is not required to be eligible for recovery [4]. Company Background - Robbins LLP, the firm leading the class action, has been involved in shareholder rights litigation since 2002, focusing on helping shareholders recover losses and improve corporate governance [5].