Fiserv, Inc. Faces Securities Fraud Allegations; Investors Sue
ByAinvest
Friday, Sep 19, 2025 5:05 pm ET1min read
FI--
The complaint, filed in the United States District Court for the Southern District of New York, alleges that Fiserv made materially false and misleading statements and failed to disclose significant adverse information regarding its business operations and prospects. Specifically, the complaint claims that Fiserv forced Payeezy merchants to migrate to its Clover platform, which temporarily boosted Clover's revenue and gross payment volume (GPV) growth but concealed a slowdown in new merchant acquisition. Following the migration, a substantial number of former Payeezy merchants abandoned Clover due to high pricing and poor customer service, leading to a material deceleration in Clover's GPV growth and unsustainable revenue growth [1][2].
Investors who purchased or otherwise acquired Fiserv securities during the specified period are encouraged to contact law firms to learn more about their rights and potential participation in the class action lawsuit. The deadline to seek appointment as the lead plaintiff in the securities fraud class action is September 22, 2025 [1][2].
For further information, investors can contact:
- The Law Offices of Frank R. Cruz, 2121 Avenue of the Stars, Suite 800, Century City, California 90067, Email: info@frankcruzlaw.com, Phone: 310-914-5007, Website: www.frankcruzlaw.com [1]
- Bronstein, Gewirtz & Grossman, LLC, 332-239-2660, Email: info@bgandg.com, Website: bgandg.com/FI [2]
A class-action lawsuit has been filed against Fiserv, Inc. alleging securities fraud between July 24, 2024, and July 22, 2025. Investors who lost money due to alleged securities fraud can contact Levi & Korsinsky for further information. The lawsuit seeks compensation for affected investors.
A class-action lawsuit has been filed against Fiserv, Inc. (NYSE: FI), alleging securities fraud between July 24, 2024, and July 22, 2025. The lawsuit, brought by investors who suffered financial losses, seeks compensation for alleged misrepresentation and omission of material facts by the company.The complaint, filed in the United States District Court for the Southern District of New York, alleges that Fiserv made materially false and misleading statements and failed to disclose significant adverse information regarding its business operations and prospects. Specifically, the complaint claims that Fiserv forced Payeezy merchants to migrate to its Clover platform, which temporarily boosted Clover's revenue and gross payment volume (GPV) growth but concealed a slowdown in new merchant acquisition. Following the migration, a substantial number of former Payeezy merchants abandoned Clover due to high pricing and poor customer service, leading to a material deceleration in Clover's GPV growth and unsustainable revenue growth [1][2].
Investors who purchased or otherwise acquired Fiserv securities during the specified period are encouraged to contact law firms to learn more about their rights and potential participation in the class action lawsuit. The deadline to seek appointment as the lead plaintiff in the securities fraud class action is September 22, 2025 [1][2].
For further information, investors can contact:
- The Law Offices of Frank R. Cruz, 2121 Avenue of the Stars, Suite 800, Century City, California 90067, Email: info@frankcruzlaw.com, Phone: 310-914-5007, Website: www.frankcruzlaw.com [1]
- Bronstein, Gewirtz & Grossman, LLC, 332-239-2660, Email: info@bgandg.com, Website: bgandg.com/FI [2]

Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue

Comments
No comments yet