Fiserv investors sue over alleged securities violations, seek damages.
ByAinvest
Monday, Aug 18, 2025 3:21 am ET1min read
FI--
The lawsuit, filed on August 17, 2025, by Pomerantz LLP, alleges that Fiserv and its officers and/or directors engaged in securities fraud or other unlawful business practices. According to the complaint, Fiserv made false and misleading statements and/or failed to disclose material information about its Clover platform. The lawsuit claims that Fiserv's Clover gross payment volume (GPV) growth was temporarily and unsustainably boosted by forced conversions from its older Payeezy platform, which concealed a slowdown in new merchant business. Additionally, the lawsuit alleges that Fiserv's positive statements about Clover's growth strategies and business prospects were materially false and misleading.
Fiserv's stock price has been significantly impacted by the lawsuit. On April 24, 2025, Fiserv's stock price fell $40.20 per share, or 18.52%, to close at $176.90 per share after reporting Clover GPV growth of only 8% for the first quarter of 2025. Further declines occurred on May 15, 2025, and July 23, 2025, as Fiserv disclosed continued deceleration in GPV growth and confirmed a reduction in its full-year organic growth guidance range.
Investors are advised to contact Danielle Peyton at Pomerantz LLP at newaction@pomlaw.com or 646-581-9980, or toll-free at 888.4-POMLAW, Ext. 7980, to inquire about the class action lawsuit. The deadline to ask the Court to appoint a Lead Plaintiff is September 22, 2025.
References:
[1] https://www.globenewswire.com/news-release/2025/08/17/3134615/1087/en/INVESTOR-ALERT-Pomerantz-Law-Firm-Reminds-Investors-with-Losses-on-their-Investment-in-Fiserv-Inc-of-Class-Action-Lawsuit-and-Upcoming-Deadlines-FI.html
[2] https://www.globenewswire.com/news-release/2025/08/18/3134675/673/en/ROSEN-GLOBAL-INVESTOR-COUNSEL-Encourages-Fiserv-Inc-Investors-to-Secure-Counsel-Before-Important-Deadline-in-Securities-Class-Action-FI.html
Fiserv, Inc. is facing a class action lawsuit for alleged violations of securities laws. The lawsuit claims that investors who purchased Fiserv's securities between July 24, 2024, and July 22, 2025, were misled. The Schall Law Firm is encouraging affected investors to contact them before September 22, 2025, to discuss their rights and potential legal action.
Fiserv, Inc. (NYSE: FI) is currently facing a class action lawsuit alleging violations of securities laws. The lawsuit, filed by Pomerantz LLP, claims that investors who purchased Fiserv's securities between July 24, 2024, and July 22, 2025, were misled. The Schall Law Firm is urging affected investors to contact them before September 22, 2025, to discuss their rights and potential legal action.The lawsuit, filed on August 17, 2025, by Pomerantz LLP, alleges that Fiserv and its officers and/or directors engaged in securities fraud or other unlawful business practices. According to the complaint, Fiserv made false and misleading statements and/or failed to disclose material information about its Clover platform. The lawsuit claims that Fiserv's Clover gross payment volume (GPV) growth was temporarily and unsustainably boosted by forced conversions from its older Payeezy platform, which concealed a slowdown in new merchant business. Additionally, the lawsuit alleges that Fiserv's positive statements about Clover's growth strategies and business prospects were materially false and misleading.
Fiserv's stock price has been significantly impacted by the lawsuit. On April 24, 2025, Fiserv's stock price fell $40.20 per share, or 18.52%, to close at $176.90 per share after reporting Clover GPV growth of only 8% for the first quarter of 2025. Further declines occurred on May 15, 2025, and July 23, 2025, as Fiserv disclosed continued deceleration in GPV growth and confirmed a reduction in its full-year organic growth guidance range.
Investors are advised to contact Danielle Peyton at Pomerantz LLP at newaction@pomlaw.com or 646-581-9980, or toll-free at 888.4-POMLAW, Ext. 7980, to inquire about the class action lawsuit. The deadline to ask the Court to appoint a Lead Plaintiff is September 22, 2025.
References:
[1] https://www.globenewswire.com/news-release/2025/08/17/3134615/1087/en/INVESTOR-ALERT-Pomerantz-Law-Firm-Reminds-Investors-with-Losses-on-their-Investment-in-Fiserv-Inc-of-Class-Action-Lawsuit-and-Upcoming-Deadlines-FI.html
[2] https://www.globenewswire.com/news-release/2025/08/18/3134675/673/en/ROSEN-GLOBAL-INVESTOR-COUNSEL-Encourages-Fiserv-Inc-Investors-to-Secure-Counsel-Before-Important-Deadline-in-Securities-Class-Action-FI.html
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