Kuehn Law Encourages Investors of Fiserv, Inc. to Contact Law Firm

Core Viewpoint - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by officers and directors of Fiserv, Inc. related to misleading statements about the company's Payeezy and Clover platforms [1]. Group 1: Allegations Against Fiserv - Insiders at Fiserv allegedly misrepresented issues with the Payeezy platform, forcing merchants to migrate to Clover, which led to unsustainable revenue growth [1]. - Clover's revenue growth was temporarily inflated due to forced conversions from Payeezy, masking a slowdown in new merchant acquisitions [1]. - Following the migration, many former Payeezy merchants reportedly switched to competitors due to Clover's high pricing and poor customer service [1]. - As a result of these merchant losses, Clover's growth in gross payment volume (GPV) and revenue became unsustainable [1]. - Fiserv's positive statements during the Class Period regarding Clover's growth strategies and business prospects were claimed to be materially false and misleading [1].