Sandra Lombard has filed a class-action lawsuit against Fiserv, Inc., and its executives Michael Lyons and Robert Hau in the United States District Court for the Eastern District of Wisconsin. The suit alleges violations of federal securities laws, claiming that Fiserv made false or misleading statements regarding its financial outlook during 2025. Investors were assured of growth and stability under new CEO Michael Lyons, but the company later slashed its guidance, revealing significant financial underperformance. The stock price plummeted by 44% following these revelations, leading to substantial losses for investors. The lawsuit seeks damages for these losses.
Source: 225cv1786_Lombard_v_Fiserv_Inc_Complaint_Eastern_District_Wisconsin.pdfSandra Lombard is suing Fiserv, Inc., Michael Lyons, and Robert Hau for securities fraud related to misleading financial statements and projections that led to significant investor losses
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