SAN DIEGO, July 28, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of investors who purchased or otherwise acquired Fiserv, Inc. (NYSE: FI) common stock between July 24, 2024 and July 22, 2025. Fiserv is a global provider of transaction processing software for banks and retail merchants. About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, ...

Fiserv FI, when analyzed using the Adhishthana Principles, appears to be at a key crossroads. While the weekly and monthly charts both follow the framework, they offer different signals for what may lie ahead. Here's a breakdown. Weekly Chart Outlook: Fiserv Enters Its Final Phase Fig.1 Fiserv Stock's Weekly Chart (Source: Adhishthana.com) On the weekly chart, Fiserv has just entered Phase 18, the final step in the 18-Phase Adhishthana Cycle. The cycle began in July 2013, and the current phase will end on D ...

Core Viewpoint - A class action lawsuit has been filed against Fiserv, Inc. concerning allegations of securities fraud and unlawful business practices [2][3]. Group 1: Financial Performance - Fiserv reported Clover gross payment volume (GPV) growth of only 8% for Q1 2025, a significant decline from the 14% to 17% growth rates observed in 2024 [3]. - The company attributed the slowdown in growth to reduced transaction volumes from merchants transitioning from the older Payeezy platform to the newer Clover platform [3]. - On July 23, 2025, Fiserv lowered the top end of its full-year organic growth guidance and confirmed that quarterly organic revenue in the Merchant segment decelerated to 9% year-over-year from 11% in the previous quarter [5]. Group 2: Stock Price Impact - Following the Q1 2025 report, Fiserv's stock price fell by $40.20 per share, or 18.52%, closing at $176.90 on April 24, 2025 [4]. - On May 15, 2025, after disclosing continued GPV growth deceleration, the stock price dropped by $30.73 per share, or 16.19%, closing at $159.13 [4]. - After the July 23 announcement regarding lowered growth guidance, Fiserv's stock price fell by $22.90 per share, or 13.85%, closing at $143.00 [5].

Core Viewpoint - A class action lawsuit has been filed against Fiserv, Inc. for misleading statements regarding its Clover platform and the forced migration of Payeezy merchants, which allegedly concealed a slowdown in new merchant business and led to significant merchant losses [1][5]. Group 1: Lawsuit Details - The class action lawsuit is on behalf of purchasers of Fiserv common stock between July 24, 2024, and July 22, 2025 [1]. - The lawsuit claims that Fiserv made false statements about Clover's growth strategies and business prospects, which were materially misleading [5]. - Allegations include that Fiserv forced Payeezy merchants to migrate to Clover, resulting in temporary revenue boosts that concealed underlying issues [5]. Group 2: Investor Information - Investors who purchased Fiserv stock during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - Interested investors can join the class action by visiting the provided link or contacting the law firm directly [3][6]. - A lead plaintiff must be appointed by September 22, 2025, to represent the class in the lawsuit [1][3]. Group 3: Rosen Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements for investors, including over $438 million in 2019 [4]. - The firm has been recognized for its leadership in securities class action settlements, ranking No. 1 in 2017 and consistently in the top 4 since 2013 [4].

Core Viewpoint - A securities class action lawsuit has been filed against Fiserv by Labaton Keller Sucharow, alleging that the company misled investors regarding its Clover payment gateway product and its overall business performance [1][2]. Group 1: Allegations of Misleading Information - The lawsuit claims that from July 24, 2024, to July 22, 2025, Fiserv misled investors by not disclosing that it forced merchants on its older Payeezy platform to migrate to Clover, which artificially inflated Clover's revenue growth and gross payment volume (GPV) while masking a slowdown in new merchant business [3]. - It is alleged that a significant number of former Payeezy merchants switched to competitors shortly after the forced conversions to Clover, indicating potential customer dissatisfaction [3]. - The lawsuit also states that Fiserv failed to disclose that Clover's GPV growth was significantly slowing and that its revenue growth was unsustainable, rendering the company's statements about Clover's business prospects materially false and misleading [4]. Group 2: Market Reaction and Stock Performance - The market began to recognize the alleged fraud on April 24, 2025, when Fiserv reported Clover GPV growth of only 8% for Q1 2025, a significant decline from the 14% to 17% growth rates in 2024, leading to an 18.5% drop in Fiserv's stock price to $176.90 per share [5]. - Following this, the stock further declined to $159.13 on May 15, 2025, after Fiserv indicated that the slowdown in GPV growth would persist throughout 2025, and dropped to $143.00 per share on July 23, 2025, when the company lowered its full-year organic growth guidance [5][6]. Group 3: Class Action Details - The lawsuit has been filed on behalf of the City of Hollywood Police Officers' Retirement System, and it includes all individuals who purchased or acquired Fiserv common stock during the class period and suffered damages [6]. - Fiserv has recently adjusted its guidance for overall 2025 organic revenue growth rates to 10%, which is at the lower end of its previously targeted range of 10% to 12% [6].

Core Viewpoint - A class action lawsuit has been filed against Fiserv, Inc. for allegedly making misleading statements and failing to disclose critical facts regarding its payment technology platforms, particularly the transition from Payeezy to Clover, which has led to significant stock price declines [1][3][4]. Group 1: Allegations and Issues - The lawsuit claims that Fiserv compelled merchants to transition from its Payeezy platform to Clover due to cost and performance issues, which temporarily inflated Clover's gross payment volume (GPV) and revenue growth [3]. - It is alleged that many former Payeezy merchants abandoned Clover due to high fees and poor customer support, leading to unsustainable revenue growth and GPV expansion for Clover [3]. - Fiserv's GPV growth for Clover was reported at just 8% for Q1 2025, a decline from 14% to 17% in 2024, attributed to reduced transaction volumes from former Payeezy merchants [4]. Group 2: Stock Price Impact - Following the disclosure of the slowdown in GPV growth, Fiserv's stock price dropped more than 18% on April 24, 2025 [4]. - On May 15, 2025, Fiserv acknowledged that the GPV growth deceleration would continue throughout the year, resulting in an additional 16% decline in share price [5]. - On July 23, 2025, Fiserv revised its full-year organic growth guidance downward, confirming a decline in year-over-year revenue growth in its Merchant segment to 9% from 11%, leading to a nearly 14% drop in share price [6].

Core Viewpoint - Rosen Law Firm has announced a class action lawsuit against Fiserv, Inc. for alleged misleading statements and failures to disclose critical information regarding its Clover platform and Payeezy merchants during the Class Period from July 24, 2024, to July 23, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Fiserv made false statements about its Clover platform's growth and business prospects, which were misleading to investors [5]. - Allegations include that Fiserv forced Payeezy merchants to migrate to Clover, which temporarily inflated Clover's revenue growth and gross payment volume (GPV) [5]. - The lawsuit 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 GPV growth [5]. Group 2: Investor Participation - Investors who purchased Fiserv common stock during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, investors can submit a form or contact the law firm for more information [3][6]. - A lead plaintiff is needed to represent other class members, and interested parties must move the Court by September 22, 2025 [1][3]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in handling such cases [4].

Core Viewpoint - A securities class action lawsuit has been filed against Fiserv, Inc. for allegedly misleading investors regarding its Clover platform and the impact of forced migrations from its Payeezy platform [1][2]. Group 1: Allegations of Misleading Information - The lawsuit claims that Fiserv did not disclose issues with its Payeezy platform, which led to forced migrations to Clover, artificially inflating Clover's revenue and GPV growth [2]. - It is alleged that the forced conversions resulted in a significant number of former Payeezy merchants switching to competitors due to Clover's high pricing and inadequate customer service [2]. - The complaint states that Fiserv's positive statements about Clover's growth were materially false and misleading, as they concealed a slowdown in new merchant business and GPV growth [2]. Group 2: Financial Performance and Market Reaction - On April 24, 2025, Fiserv reported Clover GPV growth of only 8% for Q1 2025, a significant decline from 14%-17% in 2024, leading to an 18.5% drop in stock price [3]. - The company attributed the slowdown in GPV growth to lower transaction volumes from Payeezy merchants who migrated to Clover, while Clover's revenue growth remained steady at 27% [3]. - Analysts expressed concerns about the sustainability of Clover's growth, noting the widening gap between revenue and GPV growth, which was the largest in their model's history [3]. Group 3: Continued Decline and Investor Impact - On May 15, 2025, Fiserv disclosed that GPV growth deceleration would persist throughout 2025, resulting in a further 16.2% drop in stock price [4]. - Analysts highlighted the intensifying competitive dynamics and significant customer churn from Clover, indicating ongoing challenges for the company [4]. - The lawsuit claims that investors have suffered significant damages due to the decline in the market value of Fiserv's common stock as a result of these alleged misrepresentations [5].

Core Viewpoint - The Fiserv class action lawsuit alleges that the company and certain executives made misleading statements regarding the performance of its Clover platform, leading to significant stock price declines following the disclosure of slowing growth metrics [3][4][5][6]. Group 1: Allegations and Impact - The lawsuit claims that Fiserv forced merchants from its Payeezy platform to migrate to Clover, which temporarily inflated Clover's revenue and GPV growth, masking a slowdown in new merchant acquisition [3]. - Following the migration, many former Payeezy merchants switched to competitors due to Clover's high pricing and poor customer service, resulting in a significant slowdown in Clover's GPV growth [3]. - On April 24, 2025, Fiserv reported only 8% GPV growth for Clover in Q1 2025, a decline from 14%-17% in 2024, leading to an 18% drop in stock price [4]. - On May 15, 2025, Fiserv indicated 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 growth to 9% from 11%, resulting in 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 the class [7]. - The lead plaintiff can choose a law firm to litigate the case, and participation as lead plaintiff does not affect the 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 recovered over $2.5 billion for investors in 2024 alone [8]. - The firm has been ranked 1 in securing monetary relief for investors in securities class action cases for four out of the last five years [8].

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition period from to Commission File Number 1-38962 FISERV, INC. (Exact Name of Registrant as Specified in Its Charter) Wisconsin 39-1506125 (State or Other Jurisdiction ...