Investor Alert: Important Class Action Notification Regarding Fiserv
Pomerantz LLP has officially announced a class action lawsuit against Fiserv, Inc. (NASDAQ: FI), a prominent player in the financial technology sector. This legal proceeding is aimed at addressing significant allegations of securities fraud and inappropriate business practices involving certain officers and directors of the firm. Investors who have sustained losses linked to their investments in Fiserv are strongly encouraged to consider their options regarding joining the class action. For inquiries, impacted investors can reach out to Danielle Peyton at [email protected] or call 646-581-9980 (toll-free 888.4-POMLAW, Ext. 7980). It’s also advisable for those reaching out via email to include their contact numbers, addresses, and details regarding the shares they purchased.
Class Action Details and Implications
The central issue of the lawsuit revolves around whether Fiserv and its leadership engaged in unlawful business practices that resulted in significant investor losses. Fiserv's recent financial disclosures raised red flags when it reported a mere 8% growth in Clover gross payment volume (GPV) for the first quarter of 2025, a stark decline from the 14% to 17% growth ranges reported in 2024. This drop was attributed to reduced transaction volumes from merchants migrating from Payeezy, Fiserv's older point-of-sale platform, to the newer Clover platform.
The troubling news triggered a sharp decline in Fiserv's stock price, plummeting by $40.20 (18.52%) to close at $176.90 per share following the Q1 report on April 24, 2025. This significant dip in stock value not only reflects investor concern but also sets the tone for ongoing scrutiny of the company's performance and operational strategies.
Further compounding Fiserv's challenges, the company revealed on May 15, 2025, that the decline in GPV growth would persist throughout the year. The response from the market was immediate and ruthless, with the stock collapsing an additional $30.73 (16.19%) to close at $159.13 per share, showcasing the market's stark reaction to its weakening business outlook.
On July 23, 2025, as the situation deteriorated further, Fiserv disclosed a reduction in its annual organic growth guidance, indicating an organic revenue deceleration in the Merchant segment to 9% year-over-year from the previous quarter’s 11%. This latest revelation led to another sharp decline of $22.90 (13.85%), closing the stock at $143.00 per share. These developments reflect a troubling trajectory for Fiserv, prompting concern amongst its investors and stakeholders about the company's operational integrity.
Important Deadlines for Investors
For those looking to take action, it is crucial to act quickly. Investors have until September 22, 2025, to file their application with the Court to become the Lead Plaintiff for the class. Interested parties can obtain a copy of the complaints by visiting
Pomerantz Law Firm's official website.
Pomerantz LLP, noted for its expertise in corporate securities and antitrust class litigation, was founded by the venerable Abraham L. Pomerantz, who pioneered the field of securities class actions. As a leading firm in this specific legal domain for over 85 years, Pomerantz continues to fight relentlessly for the rights of victims impacted by securities fraud.
The outcomes of such lawsuits can potentially yield significant financial recoveries for class members, underscoring the importance of awareness and action among impacted investors. Here's a chance for members of the Fiserv investor community to stand up for their rights in light of troubling developments that have rocked the company in recent months.