Investigation Overview
An investigation on behalf of investors in shares of Fiserv, Inc. (NASDAQ: FISV) was announced over potential breaches of fiduciary duties by certain officers and directors at Fiserv, Inc.
The investigation by a law firm concerns whether certain Fiserv directors breached their fiduciary duties and caused damage to the company and its shareholders.
Brookfield, WI based Fiserv, Inc., together with its subsidiaries, provides financial services technology worldwide. Fiserv, Inc. reported that its annual Total Revenue rose from over $5.69 billion in 2017 to over $5.82 billion in 2018 and that its Net Income declined from over $12.3 billion in 2017 to over $1.18 billion in 2018.
Shares of Fiserv, Inc. (NASDAQ: FISV) closed on May 30, 2019, at $87.13 per share.