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INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Fiserv, Inc. of Class Action Lawsuit and Upcoming Deadlines - FI
FiservFiserv(US:FI) Prnewswireยท2025-07-27 14:00

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].