Fiserv(US:FI) Globenewswire·2025-11-19 20:36Core Viewpoint - Senate Democrats are investigating Fiserv, Inc. and its former CEO Frank Bisignano regarding potential mismanagement and misleading financial forecasts that led to a significant drop in share price [1][2][7] Financial Performance and Guidance - Fiserv revised its 2025 organic revenue guidance to 10% on July 23, 2025, which was the low end of its previous range, and adjusted its EPS guidance upward to $10.15 [4] - On October 29, 2025, Fiserv reported a sequential decline in Q3 2025 adjusted revenue, slashed organic revenue growth expectations to 3.5%-4%, and reduced EPS outlook to $8.50-$8.60 [5][6] - The company's share price fell over $59 in intraday trading, resulting in a loss of $32 billion in shareholder value in a single day [7] Legal and Regulatory Actions - A securities fraud class action has been filed against Fiserv, with the lead plaintiff deadline set for January 5, 2026, focusing on the company's statements about its business and growth prospects [3] - Lawmakers are seeking information on Bisignano's role in financial forecasting and any internal reviews related to financial guidance [2]