Core Viewpoint - A class action lawsuit has been filed against Fiserv, Inc. for alleged violations of securities laws, claiming the company made false and misleading statements regarding its Clover platform and its impact on revenue growth [1][4]. Group 1: Lawsuit Details - The lawsuit is based on violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 [1]. - Investors who purchased Fiserv securities between July 24, 2024, and July 22, 2025, are encouraged to participate in the lawsuit before the deadline of September 22, 2025 [2]. - The class has not yet been certified, meaning potential participants are not currently represented by an attorney [3]. Group 2: Allegations Against Fiserv - The complaint alleges that Fiserv misled the market by forcing merchants to migrate from its Payeezy platform to the Clover program due to cost issues, which artificially inflated Clover's revenue growth [4]. - The company reportedly lost customers to competitors because of Clover's high prices and poor customer service, indicating that public statements made by Fiserv were materially misleading [4]. - As a result of these misleading statements, investors suffered damages when the truth about Fiserv's business practices was revealed [4].

SAN DIEGO, July 28, 2025 (GLOBE NEWSWIRE) -- 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, both 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 and certain ...

Core Viewpoint - Berger Montague PC is investigating potential claims against Fiserv, Inc. related to alleged securities law violations following a class action lawsuit filed against the company and its senior executives [1][3]. Group 1: Legal Investigation - The investigation is prompted by a securities class action lawsuit on behalf of investors who purchased Fiserv securities between July 24, 2024, and July 22, 2025 [1][2]. - Investors have until September 22, 2025, to seek appointment as lead plaintiff representative of the class [2][4]. Group 2: Allegations Against Fiserv - The lawsuit alleges that Fiserv and certain executives overstated the company's growth by failing to disclose that its new payment platform, Clover, was experiencing increased revenue growth and gross payment volumes due to the forced transition of merchants from the legacy Payeezy platform [3].

Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of class actions, the Firm has been named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for sixteen consecutive years. A ...

Core Viewpoint - Live Oak Bank, a small business lender based in North Carolina, dominates the government-backed small business loan sector, with $14 billion in assets and a unique technology-driven approach, despite Wall Street's indifference towards it [2][3]. Group 1: Company Overview - Live Oak Bancshares was established in 2008, employs 1,053 people, and has a market capitalization of $1.5 billion [3]. - The bank has issued a total of $15.4 billion in government-supported 7(a) loans since 2017, surpassing all other banks in the U.S. [3]. - Live Oak's average loan amount is $1 million, and it generates approximately $2 billion annually from SBA loans and an additional $3 billion from traditional small business loans [3]. Group 2: Business Model and Operations - Live Oak operates without physical branches, relying on online deposits and technology to facilitate transactions, which enhances loan approval efficiency [6]. - The bank focuses on 35 specific industries, initially starting with veterinary loans, leveraging deep industry knowledge to tailor its services [6][7]. - Live Oak's credit officers do not earn commissions, reducing conflicts of interest between sales and credit [6]. Group 3: Market Position and Challenges - Despite strong business growth and a solid reputation, Live Oak's stock has declined by 25% over the past year, contrasting with a 25% increase in the KBW Bank Index [10][14]. - Analysts attribute the stock's underperformance to the bank's focus on small business loans, which are more sensitive to interest rate changes, leading to increased loan demand volatility [14][15]. - Live Oak's net charge-off rate is projected to rise from 0.15% to 0.27%, still below the industry average of 0.64%, indicating a cautious approach to potential losses [15]. Group 4: Future Prospects and Innovations - Live Oak is exploring the merchant cash advance (MCA) market, which is rapidly growing but often criticized for high costs and lack of regulation [17]. - The bank is investing in a startup named Casca, which aims to streamline the small business loan process using artificial intelligence, enhancing transparency and efficiency [18]. - Live Oak Ventures has successfully exited two significant deals, indicating strong performance in its venture capital activities [19].

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, ...

Core Viewpoint - Fiserv is at a critical juncture, with conflicting signals from its weekly and monthly charts regarding future performance [1][12]. Weekly Chart Outlook - Fiserv has entered Phase 18, the final phase of the 18-Phase Adhishthana Cycle, which began in July 2013 and will conclude on December 20, 2026 [4]. - Phases 14 to 16, known as the Guna Triads, are essential for determining if Fiserv can achieve Nirvana in Phase 18, requiring a bullish trend (Satoguna) [4][5]. Monthly Chart Outlook - Currently, Fiserv is in Phase 11 on the monthly chart, which presents a different narrative [8]. - The stock experienced a significant rally of approximately 96% in Phase 9 and another 113% in Phase 10, but Phase 10 ended without forming a peak [9][10]. - Following a peak around $238, Fiserv has corrected by 40-45%, indicating a potential peak formation and descent in its Himalayan formation [10][11]. Investor Outlook - The weekly chart suggests a potential Nirvana move, while the monthly chart indicates a possible peak has already been established, creating a mixed signal for investors [12]. - A recent investigation into potential federal securities law violations adds to the uncertainty surrounding the stock [12]. - The $125.05 level is critical; if it holds or breaks decisively, it could confirm whether the current movement is a correction or the start of a larger trend [13].

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 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].