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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]
ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Fiserv, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - FI
GlobeNewswire News Room· 2025-07-30 18:58
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 DO NEXT: To join the Fiserv class action, go to https://rosenlegal.com/submit-form/? case_id=42465 or call Phillip Kim, Esq. at 866-767-3653 or email case@rosenlegal.com for more information. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no la ...
FISERV INVESTOR NOTICE: Fiserv, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - FI
Prnewswire· 2025-07-29 22:30
The Fiserv class action lawsuit further alleges that on April 24, 2025, Fiserv reported Clover GPV growth of only 8% for the first quarter of 2025, a material stepdown from 2024 GPV rates of between 14% and 17%. Fiserv attributed this slowing growth to lower 2025 transaction volume from Payeezy merchants who had converted to Clover, according to the complaint. The Fiserv class action lawsuit alleges that on this news, the price of Fiserv common stock fell more than 18%. Then, on May 15, 2025, the Fiserv cla ...
Fiserv Q2 Earnings Beat Estimates on Strong Margins, Revenues Miss
ZACKS· 2025-07-29 17:46
Core Insights - Fiserv, Inc. (FI) reported mixed second-quarter 2025 results, showcasing strong segmental revenue performance and margins, but the earnings beat did not satisfy the market, leading to a 15.7% decline in shares since the results release on July 23 [1] Financial Performance - Adjusted earnings per share were $2.47, exceeding the consensus estimate by 2.5% and reflecting a 16% year-over-year increase [2] - Adjusted revenues reached $5.2 billion, slightly missing consensus estimates but showing an 8.6% year-over-year growth [2][7] Segment Performance - Processing and services revenues amounted to $4.3 billion, a 4% year-over-year increase, falling short of the estimated $4.5 billion [2] - The product segment generated revenues of $1.2 billion, up 25.3% from the same quarter last year, surpassing the estimate of $1.1 billion [2] - Merchant Solutions revenues were $2.6 billion, a 9.7% increase from the previous year, but below the estimate of $2.8 billion, driven by Clover growth and expansion into new markets [3] - Financial Solutions segment reported revenues of $2.6 billion, a 7.2% rise from the year-ago quarter, exceeding the estimate of $2.5 billion, supported by strong growth in Zelle transactions and increasing demand for real-time payments [4]
Class Action Filed Against Fiserv - September 22, 2025 Deadline to Join - Contact Faruqi & Faruqi
Prnewswire· 2025-07-29 14:11
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Fiserv To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $75,000 in Fiserv between July 24, 2024 and July 22, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983- 9330 (Ext. 1310). The court-appointed lead plaintiff is the investor with the largest financial interest in t ...
FI INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Fiserv, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
GlobeNewswire News Room· 2025-07-28 20:00
Core Viewpoint - A class action lawsuit has been filed against Fiserv, Inc. for alleged violations of federal securities laws, focusing on misleading statements and operational issues related to its Payeezy and Clover platforms [1][2][3]. Group 1: Lawsuit Details - The lawsuit seeks damages for investors who purchased Fiserv securities between July 24, 2024, and July 22, 2025, inclusive [2]. - Allegations include that Fiserv forced Payeezy merchants to transition to Clover due to cost-related issues, leading to inflated revenue growth figures for Clover [3]. - It is claimed that many former Payeezy merchants abandoned Clover for competitors due to high pricing and poor customer service, resulting in a deceleration of Clover's growth [3]. Group 2: Next Steps for Investors - Investors who suffered losses in Fiserv have until September 22, 2025, to request appointment as lead plaintiff in the class action [4]. - The law firm representing the investors operates on a contingency fee basis, meaning they only collect fees if the case is successful [5]. Group 3: Law Firm Background - Bronstein, Gewirtz & Grossman, LLC is a nationally recognized law firm specializing in securities fraud class actions and has recovered hundreds of millions for investors [6].