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Fiserv, Inc. (FI) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-08-05 16:00
BENSALEM, Pa., Aug. 5, 2025 /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Fiserv, Inc. ("Fiserv" or the "Company") (NYSE: FI). IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN FISERV, INC. (FI), CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE SEPTEMBER 22, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT. Contact the Law Offices of Howard G. Smi ...
DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Fiserv
GlobeNewswire News Room· 2025-08-05 14:42
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 The market began to learn the truth about Defendants' fraud on April 24, 2025. On that date, Fiserv shocked investors by reporting Clover GPV growth of only 8 percent for the first quarter of 2025, a material stepdown from 2024 GPV rates of between 14 and 17 percent. The Company attributed this slowing growth to lower 202 ...
Investors who lost money on Fiserv, Inc.(FI) should contact Levi & Korsinsky about pending Class Action - FI
Prnewswire· 2025-08-05 12:45
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate. WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our ...
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of September 22, 2025 in Fiserv, Inc. Lawsuit – FI
GlobeNewswire News Room· 2025-08-04 20:35
Core Viewpoint - The Gross Law Firm is notifying shareholders of Fiserv, Inc. regarding a class action lawsuit due to allegations of misleading statements and failure to disclose critical issues related to the company's Clover platform and its impact on revenue growth [1][3]. Group 1: Allegations - The complaint alleges that Fiserv forced merchants using its older Payeezy platform to switch to the Clover platform due to cost issues and other problems [3]. - Clover's revenue growth was temporarily inflated by these conversions, masking a slowdown in new merchant acquisitions [3]. - A significant number of former Payeezy merchants transitioned to competing solutions due to Clover's high pricing and inadequate customer service [3]. - As a result of losing these merchants, Clover's growth in Gross Payment Volume (GPV) and revenue became unsustainable [3]. - Fiserv's positive statements regarding Clover's growth strategies and business prospects during the class period were deemed materially false and misleading [3]. Group 2: Class Action Details - The class period for the lawsuit is defined as July 24, 2024, to July 22, 2025 [3]. - Shareholders are encouraged to register for the class action by September 22, 2025, to be eligible for potential recovery [4]. - Registration includes enrollment in a portfolio monitoring software to provide updates throughout the case [4]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and illegal business practices [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements [5].
CLASS ACTION NOTICE: Berger Montague Advises Fiserv, Inc. (NYSE: FI) Investors to Inquire About a Securities Fraud Class Action
GlobeNewswire News Room· 2025-08-04 19:11
Core Viewpoint - Berger Montague PC is investigating claims against Fiserv, Inc. following a class action lawsuit alleging that the company overstated its growth by not disclosing issues with its Clover payment platform [1][3]. Group 1: Lawsuit Details - The class action lawsuit claims that Fiserv and certain executives failed to disclose that Clover's revenue growth was artificially boosted by forcing merchants to transition from the legacy Payeezy platform [3]. - Investors became aware of Fiserv's true financial situation after the company lowered its 2025 organic growth projections on July 23, 2025, leading to a significant decline in share price [4]. Group 2: Investor Information - Investors who purchased Fiserv securities between July 24, 2024, and July 22, 2025, have until September 22, 2025, to seek appointment as lead plaintiff representatives [2][5].
FISERV INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Fiserv, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit - FI
Prnewswire· 2025-08-04 15:00
SAN DIEGO, Aug. 4, 2025 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Fiserv, Inc. (NYSE: FI) common stock between July 24, 2024 and July 22, 2025, all dates inclusive (the "Class Period"), have until September 22, 2025 to seek appointment as lead plaintiff of the Fiserv class action lawsuit. Captioned City of Hollywood Police Officers' Retirement System v. Fiserv, Inc., No. 25-cv-06094 (S.D.N.Y.), the Fiserv class action lawsuit charges Fiserv as well as certain ...
FISERV, INC. (NYSE: FI) SHAREHOLDER ALERT Bernstein Liebhard LLP Reminds Fiserv, Inc. Investors of Upcoming Deadline
GlobeNewswire News Room· 2025-08-04 12:30
All representation is on a contingency fee basis. Shareholders pay no fees or expenses. NEW YORK, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds Fiserv, Inc. ("Fiserv" or the "Company") (NYSE: FI) investors of an upcoming deadline involving a securities fraud class action lawsuit commenced against the Company. Should You Join This Class Action Lawsuit? If you purchased or acquired Fiserv common stock, and/or would like to discuss your legal ...
FI Investors Have the Opportunity to Lead the Fiserv Securities Fraud Lawsuit with Faruqi & Faruqi, LLP
Prnewswire· 2025-08-03 12:15
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Fiserv, Inc. due to allegations of misleading statements and failure to disclose critical issues related to its Clover platform, which has led to significant financial losses for investors [2][4]. Group 1: Allegations Against Fiserv - The complaint alleges that Fiserv and its executives violated federal securities laws by making false and misleading statements regarding the performance and growth of its Clover platform [4]. - Key issues include forced migrations from the older Payeezy platform to Clover, which temporarily inflated Clover's revenue growth and GPV, masking a slowdown in new merchant business [4]. - Following the forced conversions, 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 [4]. Group 2: Market Reaction - On April 24, 2025, Fiserv reported a GPV growth of only 8% for Q1 2025, a decline from 14-17% in 2024, causing the stock to drop 18.5% to $176.90 per share [5]. - On May 15, 2025, Fiserv announced continued deceleration in GPV growth, resulting in a further stock drop of 16.2% to $159.13 per share [5]. - On July 23, 2025, Fiserv lowered its full-year organic growth guidance and reported a deceleration in quarterly organic revenue growth to 9% year-over-year, leading to a stock decline of 13.9% to $143.00 per share [5]. Group 3: Legal Proceedings - Investors who suffered losses exceeding $75,000 in Fiserv between July 24, 2024, and July 22, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal options [1][2]. - The deadline for seeking the role of lead plaintiff in the federal securities class action against Fiserv is September 22, 2025 [2][6]. - Any member of the putative class can move the court to serve as lead plaintiff or remain an absent class member without affecting their ability to share in any recovery [6].
ROSEN, SKILLED INVESTOR COUNSEL, Encourages Fiserv, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - FI
GlobeNewswire News Room· 2025-08-02 21:32
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Fiserv, Inc. common stock between July 24, 2024, and July 22, 2025, of the September 22, 2025, lead plaintiff deadline for a class action lawsuit [1] Group 1: Class Action Details - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court by September 22, 2025, to serve as lead plaintiff [2] - The Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions [3] Group 2: Case Allegations - The lawsuit alleges that Fiserv made false and misleading statements regarding its Clover platform and the forced migration of Payeezy merchants [4] - It is claimed that Clover's revenue growth was artificially inflated due to these forced conversions, masking a slowdown in new merchant business [4] - The lawsuit further 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 growth [4]
FISERV INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Fiserv, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit - FI
GlobeNewswire News Room· 2025-08-02 00:30
Core Viewpoint - Fiserv, Inc. is facing a class action lawsuit alleging violations of the Securities Exchange Act of 1934 due to misleading statements and failure to disclose significant issues related to its Payeezy and Clover platforms [1][3]. Group 1: Allegations and Impact - The lawsuit claims that Fiserv forced Payeezy merchants to migrate to its Clover platform, which temporarily inflated Clover's revenue and gross payment volume (GPV) growth, masking a slowdown in new merchant business [3]. - Following the forced conversions, many former Payeezy merchants switched to competitors due to Clover's high pricing and inadequate customer service, leading to a significant slowdown in Clover's GPV growth [3]. - On April 24, 2025, Fiserv reported a GPV growth of only 8% for Q1 2025, a decline from 14%-17% in 2024, attributed to lower transaction volumes from converted Payeezy merchants, resulting in an 18% drop in Fiserv's stock price [4]. - On May 15, 2025, Fiserv disclosed 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 in the Merchant segment to 9% year-over-year from 11%, leading to 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 all class members [7]. - The lead plaintiff can choose a law firm to litigate the case, and participation as lead plaintiff does not affect an investor's 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 secured over $2.5 billion for investors in 2024 alone [8]. - The firm has been ranked 1 in the ISS Securities Class Action Services for four out of the last five years, indicating its strong track record in obtaining monetary relief for investors [8].