https://www.nytimes.com/2025/10/30/us/politics/frank-bisignano-fiserv-stock-price.html
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From news reports: Filings with the SEC reveal that Social Security Administration Commissioner Frank Bisignano, the former chairman and CEO of Fiserv (FI), sold approximately 2.6 million Fiserv (FI) shares for approximately $423 million in gross proceeds between mid-May and late-July 2025.
Bisignano’s sales, timed with his move into government, allowed the insider to avoid roughly $300 million in paper losses. Fiserv (FI) investors weren’t so fortunate and saw the price of their shares tank over $59 (-47%) on October 29, 2025 after Fiserv (FI) reported Q3 2025 financial results, which one analyst reportedly labeled “‘abysmal.’”
These events have prompted Hagens Berman to open an investigation into whether Fiserv (FI) may have misled investors about the reasonableness of its expected financial performance. The firm urges Fiserv (FI) investors who suffered substantial losses to submit your losses now. The firm also encourages persons with knowledge who may be able to assist in the investigation to contact its attorneys.