Fiserv shareholders are reminded about the impending class action lawsuit, with the lead plaintiff deadline set for September 22, 2025, by legal firm Faruqi & Faruqi.
Faruqi & Faruqi, LLP, a leading national securities law firm, is reminding investors of the upcoming deadline to seek the role of lead plaintiff in a federal securities class action against Fiserv, Inc. The deadline is set for September 22, 2025.
The investigation concerns alleged violations of federal securities laws by Fiserv and its executives, spanning from 2018 to 2022. The complaint alleges that Fiserv concealed a slowdown in new merchant business by temporarily boosting Clover's revenue growth and GPV (Gross Payment Volume) through forced conversions from its older Payeezy platform. This revelation, made public on April 24, 2025, caused a significant drop in Fiserv stock price.
The court-appointed lead plaintiff in the Fiserv, Inc. class action is the investor with the largest financial interest in the relief sought by the class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi encourages anyone with information regarding Fiserv's conduct to contact the firm, including whistleblowers, former employees, shareholders, and others. To learn more about the Fiserv, Inc. class action, visit www.faruqilaw.com/FI or contact Faruqi & Faruqi partner Josh Wilson at 877-247-4292 or 212-983-9330 (Ext. 1310).
The time period of the activities investigated by Faruqi & Faruqi, LLP concerning Fiserv, Inc. spans from 2018 to 2022. The investigation pertains to the period between July 24, 2024, and July 22, 2025.
The complaint also alleges that a significant portion of former Payeezy merchants switched to competing solutions due to Clover's high pricing, significant down time, and systematic compatibility issues. As a result, Clover's GPV growth was significantly slowing, and its revenue growth was unsustainable.
Follow updates on the case on LinkedIn, X, or Facebook. Members of the putative class may choose to do nothing and remain an absent class member. Prior results do not guarantee or predict a similar outcome with respect to any future matter. Faruqi & Faruqi welcomes the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
Fiserv, Inc. is a company listed on the NYSE under the ticker symbol "FI". For a photo accompanying this announcement, visit https://www.our website/NewsRoom/AttachmentNg/3a3fa937-87cb-45e3-b706-966046064eee.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).
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