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FISERV INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Fiserv, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit - FI
Prnewswire· 2025-08-04 15:00
SAN DIEGO, Aug. 4, 2025 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Fiserv, Inc. (NYSE: FI) common stock between July 24, 2024 and July 22, 2025, all dates inclusive (the "Class Period"), have until September 22, 2025 to seek appointment as lead plaintiff of the Fiserv class action lawsuit. Captioned City of Hollywood Police Officers' Retirement System v. Fiserv, Inc., No. 25-cv-06094 (S.D.N.Y.), the Fiserv class action lawsuit charges Fiserv as well as certain ...
FISERV, INC. (NYSE: FI) SHAREHOLDER ALERT Bernstein Liebhard LLP Reminds Fiserv, Inc. Investors of Upcoming Deadline
GlobeNewswire News Room· 2025-08-04 12:30
All representation is on a contingency fee basis. Shareholders pay no fees or expenses. NEW YORK, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds Fiserv, Inc. ("Fiserv" or the "Company") (NYSE: FI) investors of an upcoming deadline involving a securities fraud class action lawsuit commenced against the Company. Should You Join This Class Action Lawsuit? If you purchased or acquired Fiserv common stock, and/or would like to discuss your legal ...
FI Investors Have the Opportunity to Lead the Fiserv Securities Fraud Lawsuit with Faruqi & Faruqi, LLP
Prnewswire· 2025-08-03 12:15
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Fiserv, Inc. due to allegations of misleading statements and failure to disclose critical issues related to its Clover platform, which has led to significant financial losses for investors [2][4]. Group 1: Allegations Against Fiserv - The complaint alleges that Fiserv and its executives violated federal securities laws by making false and misleading statements regarding the performance and growth of its Clover platform [4]. - Key issues include forced migrations from the older Payeezy platform to Clover, which temporarily inflated Clover's revenue growth and GPV, masking a slowdown in new merchant business [4]. - Following the forced conversions, many former Payeezy merchants switched to competitors due to Clover's high pricing and compatibility issues, leading to a significant slowdown in Clover's GPV growth [4]. Group 2: Market Reaction - On April 24, 2025, Fiserv reported a GPV growth of only 8% for Q1 2025, a decline from 14-17% in 2024, causing the stock to drop 18.5% to $176.90 per share [5]. - On May 15, 2025, Fiserv announced continued deceleration in GPV growth, resulting in a further stock drop of 16.2% to $159.13 per share [5]. - On July 23, 2025, Fiserv lowered its full-year organic growth guidance and reported a deceleration in quarterly organic revenue growth to 9% year-over-year, leading to a stock decline of 13.9% to $143.00 per share [5]. Group 3: Legal Proceedings - Investors who suffered losses exceeding $75,000 in Fiserv between July 24, 2024, and July 22, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal options [1][2]. - The deadline for seeking the role of lead plaintiff in the federal securities class action against Fiserv is September 22, 2025 [2][6]. - Any member of the putative class can move the court to serve as lead plaintiff or remain an absent class member without affecting their ability to share in any recovery [6].
ROSEN, SKILLED INVESTOR COUNSEL, Encourages Fiserv, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - FI
GlobeNewswire News Room· 2025-08-02 21:32
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Fiserv, Inc. common stock between July 24, 2024, and July 22, 2025, of the September 22, 2025, lead plaintiff deadline for a class action lawsuit [1] Group 1: Class Action Details - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court by September 22, 2025, to serve as lead plaintiff [2] - The Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions [3] Group 2: 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 further states 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]
FISERV INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Fiserv, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit - FI
GlobeNewswire News Room· 2025-08-02 00:30
Core Viewpoint - Fiserv, Inc. is facing a class action lawsuit alleging violations of the Securities Exchange Act of 1934 due to misleading statements and failure to disclose significant issues related to its Payeezy and Clover platforms [1][3]. Group 1: Allegations and Impact - The lawsuit claims that Fiserv forced Payeezy merchants to migrate to its Clover platform, which temporarily inflated Clover's revenue and gross payment volume (GPV) growth, masking a slowdown in new merchant business [3]. - Following the forced conversions, many former Payeezy merchants switched to competitors due to Clover's high pricing and inadequate customer service, leading to a significant slowdown in Clover's GPV growth [3]. - On April 24, 2025, Fiserv reported a GPV growth of only 8% for Q1 2025, a decline from 14%-17% in 2024, attributed to lower transaction volumes from converted Payeezy merchants, resulting in an 18% drop in Fiserv's stock price [4]. - On May 15, 2025, Fiserv disclosed that GPV growth deceleration would persist throughout 2025, causing an additional 16% decline in stock price [5]. - On July 23, 2025, Fiserv lowered its full-year organic growth guidance and reported a deceleration in quarterly organic revenue in the Merchant segment to 9% year-over-year from 11%, leading to a nearly 14% drop in stock price [6]. Group 2: Legal Process and Representation - Investors who purchased Fiserv common stock during the class period can seek appointment as lead plaintiff in the lawsuit, representing the interests of all class members [7]. - The lead plaintiff can choose a law firm to litigate the case, and participation as lead plaintiff does not affect an investor's ability to share in any potential recovery [7]. Group 3: About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [8]. - The firm has been ranked 1 in the ISS Securities Class Action Services for four out of the last five years, indicating its strong track record in obtaining monetary relief for investors [8].
Shareholders that lost money on Fiserv, Inc.(FI) should contact Levi & Korsinsky about pending Class Action - FI
Prnewswire· 2025-08-01 13:00
Core Viewpoint - A class action securities lawsuit has been filed against Fiserv, Inc. alleging securities fraud that negatively impacted investors between July 24, 2024, and July 22, 2025 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that Fiserv made false statements regarding its Clover platform, which was forced upon Payeezy merchants due to issues with the older platform [2]. - It is alleged that the revenue growth of Clover 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 poor 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 contends that Fiserv's positive statements about Clover's growth strategies and business prospects were materially false and misleading [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified period have until September 22, 2025, to request to be appointed as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing significant settlements for shareholders and is recognized as one of the top securities litigation firms in the United States [4].
Fiserv, Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky for More Information – FI
GlobeNewswire News Room· 2025-07-31 20:12
Core Viewpoint - A class action securities lawsuit has been filed against Fiserv, Inc. alleging securities fraud that negatively impacted investors between July 24, 2024, and July 22, 2025 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that Fiserv made false statements regarding its Clover platform, which was forced upon Payeezy merchants due to issues with the older platform [2]. - It is alleged that the revenue growth of Clover was artificially inflated by these conversions, masking a slowdown in acquiring new merchants [2]. - Following the conversions, many former Payeezy merchants reportedly switched to competitors due to Clover's high pricing and poor customer service, leading to a significant slowdown in Clover's growth [2]. - The lawsuit asserts that Fiserv's positive statements about Clover's growth strategies and business prospects were materially false and misleading [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified period have until September 22, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require this [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, and there is no obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the U.S. for seven consecutive years [4].
ATTENTION NYSE: FI INVESTORS: Contact Berger Montague About a Fiserv, Inc. Class Action Lawsuit
Prnewswire· 2025-07-31 14:06
PHILADELPHIA, July 31, 2025 /PRNewswire/ -- National plaintiffs' law firm Berger Montague PC is investigating potential claims against Fiserv, Inc. (NYSE: FI) ("Fiserv" or the "Company") related to alleged securities law violations. This investigation follows the filing of a securities class action lawsuit against Fiserv and certain of its senior executives on behalf of investors who purchased the Company's securities between July 24, 2024 and July 22, 2025 (the "Class Period"). Investor Deadline: Investors ...
The Gross Law Firm Notifies Fiserv, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - FI
Prnewswire· 2025-07-31 12:45
NEW YORK, July 31, 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: https://securitiesclasslaw.com/securities/fiserv-inc-loss-submission-form/?id=158799&from=4 CLASS PERIOD: July 24, 2024 to July 22, 2025 ...
FISERV (FI) ALERT: Bragar Eagel & Squire, P.C. is Investigating Fiserv, Inc. on Behalf of Fiserv Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-07-31 00:04
Core Insights - Fiserv, Inc. has revised its 2025 outlook for refined organic revenue growth from a previous range of 10-12% to a flat 10% due to delays in company launches and initiatives [2] - Following the announcement of the revised guidance, Fiserv's stock price experienced a significant decline of over 17%, opening at $137.00 per share on July 23, 2025 [3] Legal Investigation - Bragar Eagel & Squire, P.C. is investigating potential claims against Fiserv on behalf of stockholders, focusing on possible violations of federal securities laws and other unlawful business practices [1] - The law firm encourages investors who have suffered losses to contact them for discussions regarding their legal rights [4]