Hagens Berman Announces Investigation into Fiserv, Inc. (FI), Company Facing Lawmakers’ Scrutiny After Admission to Objectively Difficult-to-Achieve Guidance Assumptions, “‘Abysmal’” Q3 2025 Results

Hagens Berman announces the investigation of Fiserv, Inc. (NYSE: FI). On November 7, 2025, The Wall Street Journal reported that Senate Democrats are demanding information related to Fiserv’s former CEO and Chairman Frank Bisignano after the company said that it wouldn’t reach financial forecasts set by its former boss. Hagens Berman is actively investigating the alleged claims. The firm urges Fiserv investors who suffered substantial losses to submit your losses now.

The lawmakers reportedly are seeking information about “Bisignano’s role in developing and approving [Fiserv’s] financial forecasts, his focus on short-term initiatives within the company and any internal reviews related to the company’s issuance of financial guidance.” They reportedly wrote in their letter to Fiserv, “[a]t a minimum, Mr. Bisignano appears to have failed to manage Fiserv effectively, and may have misled investors and the public about the company’s financial status.”

The probe follows the filing of a securities fraud class action styled Cypanga Sicav SIF v. Fiserv, Inc., et al., No. 2:25-cv-01716 (E.D. Wis.), after investors saw the price of their shares crater 47% on October 29, 2025 amid the company’s Q3 2025 financial results (reportedly characterized as “‘abysmal’” by one analyst) and dramatically-reduced prior guidance because as the company admitted, it contained assumptions that were “objectively difficult to achieve even with the right investment and strong execution.”

Class Period: July 23, 2025 – Oct. 29, 2025
Lead Plaintiff Deadline: Jan. 5, 2026
Visit: www.hbsslaw.com/investor-fraud/fi
Contact the Firm Now: [e-mail], 844-916-0895

Fiserv, Inc. (KBR) Securities Class Action:

The lawsuit seeks to represent investors who purchased or otherwise acquired Fiserv securities between July 23, 2025 and October 29, 2025. The litigation is focused on the propriety of Fiserv’s statements about its business, forecasting, and growth prospects.

More specifically, on July 23, 2025 Fiserv revised its 2025 organic revenue guidance to 10%, the low end of the company’s previous range, and adjusted upward the low end of its EPS guidance to $10.15.

The company assured investors that its revisions were supported by “anticipated[…] big ramp in growth in the back half of the year based on the rollout of a whole bunch of projects and initiatives[,]” which were “a granular list[…] that we had the ability to reunderwrite, study all of our initiatives and they are great initiatives.”