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Shareholders of Fiserv, Inc. Should Contact The Gross Law Firm Before September 22, 2025 to Discuss Your Rights - FI
Prnewswire· 2025-08-25 12:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Fiserv, Inc. regarding a class action lawsuit due to alleged misleading statements and omissions related to the company's Clover platform and its impact on merchant business [1][2]. Group 1: Allegations Against Fiserv - The complaint alleges that Fiserv forced merchants using its older Payeezy platform to switch to the Clover platform due to cost issues and other problems [2]. - It is claimed that Clover's revenue growth was artificially inflated by these conversions, masking a slowdown in new merchant acquisitions [2]. - Following the conversions, many former Payeezy merchants reportedly switched to competitors due to Clover's high pricing and inadequate customer service [2]. - As a result of these merchant losses, Clover's growth in Gross Payment Volume (GPV) and revenue was said to be unsustainable [2]. - The lawsuit asserts that Fiserv's positive statements regarding Clover's growth strategies and business prospects were materially false and misleading [2]. Group 2: Class Action Details - The class period for the lawsuit is defined as July 24, 2024, to July 22, 2025 [2]. - Shareholders are encouraged to register for the class action by the deadline of September 22, 2025, to potentially be appointed as lead plaintiffs [3]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [3]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect investors' rights who have suffered losses due to deceit and illegal business practices [4]. - The firm is committed to ensuring companies engage in responsible business practices and good corporate citizenship [4].
ROSEN, A LEADING LAW FIRM, Encourages Fiserv, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - FI
GlobeNewswire News Room· 2025-08-24 18:11
Core Viewpoint - Rosen Law Firm is reminding investors who purchased common stock of Fiserv, Inc. during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1] Group 1: Class Action Details - The Class Period for the Fiserv common stock is from July 24, 2024, to July 22, 2025, inclusive [1] - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A lead plaintiff must file a motion with the Court by September 22, 2025, to represent other class members [2] Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions [3] - Rosen Law Firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [3] - The firm has consistently ranked in the top 4 for securities class action settlements since 2013, recovering hundreds of millions for investors [3] Group 3: Case Allegations - The lawsuit alleges that Fiserv made false and misleading statements regarding its Clover platform and the forced migration of Payeezy merchants [4] - It is claimed that Clover's revenue growth was artificially inflated due to these forced conversions, masking a slowdown in new merchant business [4] - The lawsuit asserts that many former Payeezy merchants switched to competitors due to Clover's high pricing and compatibility issues, leading to a significant slowdown in Clover's growth [4]
Shareholders of Fiserv, Inc. Should Contact Levi & Korsinsky Before September 22, 2025 to Discuss Your Rights – FI
GlobeNewswire News Room· 2025-08-22 20:42
NEW YORK, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Fiserv, Inc. ("Fiserv, Inc." or the "Company") (NYSE: FI) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Fiserv, Inc. investors who were adversely affected by alleged securities fraud between July 24, 2024 and July 22, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/fiserv-inc-lawsuit-submission ...
SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Fiserv
Prnewswire· 2025-08-22 13:40
Faruqi & Faruqi, LLP also encourages anyone with information regarding Fiserv's conduct to contact the firm, including whistleblowers, former employees, shareholders and others. To learn more about the Fiserv, Inc. class action, go to www.faruqilaw.com/FI or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). Follow us for updates on LinkedIn, on X, or on Facebook. Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.fa ...
Contact Levi & Korsinsky by September 22, 2025 Deadline to Join Class Action Against Fiserv, Inc.(FI)
Prnewswire· 2025-08-22 12:45
NEW YORK, Aug. 22, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Fiserv, Inc. ("Fiserv, Inc." or the "Company") (NYSE: FI) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Fiserv, Inc. investors who were adversely affected by alleged securities fraud between July 24, 2024 and July 22, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/fiserv-inc-lawsuit-submission-for ...
ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Fiserv, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - FI
GlobeNewswire News Room· 2025-08-22 00:26
NEW YORK, Aug. 21, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Fiserv, Inc. (NYSE: FI) between July 24, 2024 and July 22, 2025, both dates inclusive (the "Class Period"), of the important September 22, 2025 lead plaintiff deadline. SO WHAT: If you purchased Fiserv common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO D ...
Fiserv, Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm Before September 22, 2025 to Discuss Your Rights – FI
GlobeNewswire News Room· 2025-08-21 19:26
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Fiserv, Inc. regarding a class action lawsuit alleging misleading statements and omissions related to the company's Clover platform and its impact on merchant business [1][3]. Allegations - The lawsuit claims that Fiserv misled investors by failing to disclose issues with its older Payeezy platform, which forced merchants to switch to Clover, artificially inflating Clover's revenue and GPV growth [3]. - It is alleged that the conversion to Clover led to a significant number of former Payeezy merchants switching to competitors due to high pricing and inadequate customer service, resulting in a slowdown of Clover's GPV growth and unsustainable revenue growth [3]. - The complaint asserts that Fiserv's positive statements about Clover's growth strategies and business prospects during the class period were materially false and misleading [3]. Class Period and Deadlines - The class period for the lawsuit is from July 24, 2024, to July 22, 2025, with a deadline for shareholders to register as lead plaintiffs by September 22, 2025 [3][4]. Next Steps for Shareholders - Shareholders who purchased Fiserv shares during the specified timeframe are encouraged to register for the class action, which includes enrollment in a portfolio monitoring software for updates on the case [4].
Clover Adoption Soars: Is FI Dominating the Small Business Market?
ZACKS· 2025-08-21 19:01
Core Insights - Fiserv, Inc.'s Clover platform is crucial for its growth, but recent performance shows mixed signals regarding its market dominance [1] - Clover revenues grew by 30% year-over-year in Q2 2025, indicating a successful strategy in high-margin value-added services [2] - Clover's volume growth slowed to 8%, down from 17% in the previous year, raising concerns about Fiserv's ability to attract new business [3] Revenue and Volume Analysis - Clover's revenue growth of 30% in Q2 2025 was driven by an increase in value-added services (VAS) penetration, which rose to 24% from 20% year-over-year [2][8] - The disparity between revenue growth and volume growth suggests effective monetization of existing merchants, but challenges remain in acquiring new clients [4] Legal and Competitive Challenges - A class action lawsuit against Fiserv alleges that Clover's revenues and volume were artificially inflated through forced merchant migration, leading to merchant attrition due to high costs and poor service [4] - The slowdown in volume growth indicates that Fiserv has not yet established dominance in the small business market, facing difficulties in winning new clients [5] Stock Performance and Valuation - Fiserv's stock has decreased by 31.9% year-to-date, contrasting with the industry's growth of 5.3% and the S&P 500's rise of 8.8% [6] - Fiserv trades at a forward price-to-earnings ratio of 12.39X, which is lower than the industry average of 22.08X, indicating potential valuation attractiveness [10]
Fiserv: Justified Sell-Off Or Market Overreaction?
Seeking Alpha· 2025-08-21 18:54
Core Insights - The article discusses the expertise of Vladimir Dimitrov, CFA, who has a background in brand and intangible assets valuation, particularly in the technology, telecom, and banking sectors [1] Group 1: Professional Background - Vladimir Dimitrov has experience as a strategy consultant and has worked with major global brands [1] - He graduated from the London School of Economics, indicating a strong academic foundation [1] - His focus is on identifying reasonably priced businesses with sustainable long-term competitive advantages [1]
Class Action Filed Against Fiserv, Inc. (FI) - September 22, 2025 Deadline to Join - Contact The Gross Law Firm
Prnewswire· 2025-08-21 12:45
NEW YORK, Aug. 21, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Fiserv, Inc. (NYSE: FI). Shareholders who purchased shares of FI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: DEADLINE: September 22, 2025 Shareholders should not delay in registering for this class action. Register your information here: https:// ...