Fiserv(US:FI) Globenewswireยท2025-11-07 20:47Core Viewpoint - Robbins LLP has initiated a class action lawsuit on behalf of investors who acquired Fiserv, Inc. securities between July 23, 2025, and October 29, 2025, alleging that the company misled investors regarding its financial growth in 2025 [1][2]. Allegations - In July 2025, Fiserv revised its 2025 guidance, lowering its organic revenue growth expectations due to a review of new initiatives and products, which was described as a "re-underwriting" [2]. - The complaint claims 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 - On October 29, 2025, Fiserv reported disappointing third-quarter results and acknowledged that its previous guidance was based on flawed assumptions, leading to a significant stock price drop of $55.57 per share, or 44%, from $126.17 to $70.60 [3]. Class Action Participation - Shareholders interested in serving as lead plaintiffs must submit their papers by January 5, 2026, but participation is not required to be eligible for recovery [4]. Company Background - Robbins LLP is recognized for its work in shareholder rights litigation, focusing on helping shareholders recover losses and improve corporate governance since 2002 [5].