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Fiserv shareholder lawsuit filed over alleged growth misrepresentations.
ByAinvest
Monday, Aug 25, 2025 8:29 am ET1min read
A shareholder has filed a securities class action lawsuit against Fiserv, Inc. for allegedly misrepresenting growth numbers through compelled migration of legacy customers using Payeezy. The lawsuit covers investors who purchased or acquired Fiserv stock between July 24, 2024, and July 22, 2025. Those who lost money in their investment may be eligible to join the lawsuit.
A shareholder has filed a securities class action lawsuit against Fiserv, Inc. (NYSE: FI) for allegedly misrepresenting growth numbers through compelled migration of legacy customers using Payeezy to Clover, the company's newer POS platform. The lawsuit covers investors who purchased or acquired Fiserv stock between July 24, 2024, and July 22, 2025, inclusive [1].According to the Complaint, the defendants are accused of making false statements about Fiserv’s growth, particularly concerning the migration of legacy customers from Payeezy to Clover. The lawsuit alleges that the company's financial statements were inflated due to this migration process [1].
Investors who purchased Fiserv common stock during the specified period and suffered financial losses may be eligible to join the lawsuit. Bernstein Liebhard LLP, the law firm representing the investors, is inviting those who meet the criteria to contact them for more information [1].
The lead plaintiff must file papers by September 22, 2025. Bernstein Liebhard LLP has a proven track record of recovering billions for its clients, having been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for sixteen consecutive years [1].
Investors interested in joining the class action should visit Fiserv, Inc. Shareholder Class Action Lawsuit or contact Investor Relations Manager Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com [1].
References:
[1] https://www.globenewswire.com/news-release/2025/08/25/3138450/0/en/SHAREHOLDER-ALERT-Bernstein-Liebhard-LLP-Announces-A-Securities-Fraud-Class-Action-Lawsuit-Has-Been-Filed-Against-Fiserv-Inc-NYSE-FI.html
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