Overview

A class action lawsuit has been filed against Fiserv, Inc. (“Fiserv” or the “Company”) and certain of the Company’s former senior executive officers alleging violations of the federal securities laws. The Company’s common stock trades on the New York Stock Exchange (“NYSE”) under the ticker “FI.”

The Fiserv class action lawsuit was brought on behalf of all persons and entities who purchased or otherwise acquired Fiserv securities between July 23, 2025, and October 29, 2025, both dates inclusive, (the “Class Period”).

Fiserv is a Milwaukee, Wisconsin-based global payments and financial technology provider.

The lawsuit alleges that Fiserv, Inc. and its executives misled investors about the company’s growth prospects and the basis for its 2025 financial guidance. In July 2025, Fiserv revised its full-year guidance, lowering its organic revenue growth projections. The company told investors that the adjustment resulted from a “re-underwriting” of its new initiatives and products, explaining that while certain projects were delayed, they remained fundamentally sound. These statements gave investors the impression that the company’s strategy and financial outlook were stable and achievable.

According to the lawsuit, those representations were false and misleading. In reality, as Fiserv later admitted in October 2025, the assumptions underlying its July 2025 guidance would have been objectively difficult to achieve even with the right investment and strong execution. The so-called “re-underwriting” process had focused only on a subset of the company’s largest offerings and was not a comprehensive review.

When Fiserv eventually conducted a full assessment during the third quarter, it concluded that its strategy placed too much emphasis on pursuing in-quarter results as opposed to building long-term relationships. As a result, the company announced it would deprioritize short-term revenue and expense initiatives, acknowledging that this shift would negatively affect near-term growth and profitability.

The lawsuit alleges that, by concealing these internal realities and overstating the strength and achievability of its revised guidance, Fiserv misled investors about its true operational challenges and financial outlook. When the truth was revealed, the company’s stock value declined sharply, causing significant losses to shareholders.

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If you purchased or otherwise acquired Fiserv securities between July 23, 2025, and October 29, 2025, both dates inclusive, and you wish to serve as lead plaintiff in this lawsuit, we encourage you to submit your information to DiCello Levitt LLP via the form on this page. 

You can also contact DiCello Levitt partner Brian O’Mara by calling (888) 287-9005 or at investors@dicellolevitt.com. 

The deadline to apply to the Court to serve as lead plaintiff in the Fiserv class action lawsuit is January 5, 2026.