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FI INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Fiserv, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
FiservFiserv(US:FI) GlobeNewswire News Roomยท2025-07-28 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].