Faruqi & Faruqi, LLP Investigates Investor Claims Against Fiserv, Inc.

Investigation Overview

Faruqi & Faruqi, LLP, a prominent securities law firm in the United States, has launched an inquiry into potential claims on behalf of investors who have incurred losses related to Fiserv, Inc. This investigation is particularly aimed at those who purchased Fiserv securities between July 24, 2024, and July 22, 2025. The inquiry is part of a broader federal securities class action against the company, with a deadline for lead plaintiff nominations set for September 22, 2025.

Context of the Investigation

This investigation arises from concerns that executives at Fiserv may have made misleading statements regarding the company’s financial performance and business practices. Specifically, the inquiry addresses allegations that Fiserv compelled merchants utilizing its older Payeezy platform to transition to its Clover platform. This forced migration has reportedly distorted Clover's revenue growth figures, resulting in a temporary surge that concealed underlying competitive weaknesses and challenges in attracting new merchants.

Key Allegations

The allegations against Fiserv include:

1. Forced Transitions to Clover: Merchants using the Payeezy platform were allegedly pressured to shift to Clover, as a result of cost issues and operational inefficiencies.
2. Inflated Revenue Figures: The migration to Clover purportedly led to unsustainable revenue growth and payment processing volume that exaggerated the platform's actual performance conditions.
3. Market Impact: Following this forced migration, numerous former Payeezy customers reportedly moved to competing services due to Clover's pricing and reliability concerns.
4. Deceleration of Growth: The growth rate of Clover's gross payment volume (GPV) dropped significantly, with reports indicating a mere 8% GPV growth in the first quarter of 2025, a stark decline from 2024's growth rates of 14% to 17%.
5. Negative Stock Reactions: Following announcements related to these issues, Fiserv's stock price experienced dramatic decreases—18.5% in one day alone—which caused alarm among investors regarding the firm's long-term profitability.

Call to Action for Affected Investors

Investor feedback is crucial in furthering this investigation. Faruqi & Faruqi invites all investors who feel impacted by Fiserv’s reported actions to contact Joshua Wilson, a senior partner at the firm. Interested parties can reach out via direct phone lines provided in press releases or through the firm's website. Notably, individuals who believe they have pertinent information are also encouraged to come forward, including former employees and whistleblowers.

Class Action and Lead Plaintiff Role

Potential members of the class action have an opportunity to nominate themselves as lead plaintiff. This role involves overseeing the litigation and ensuring that all class members are represented adequately. However, individuals who choose not to take on this role retain their rights to any potential recoveries resulting from the class action suit.

Conclusion

As Fiserv navigates these serious allegations and the scrutiny of its business practices, investors are reminded of the importance of transparency and accountability in corporate governance. The outcome of this investigation could have significant implications for current and future investors of Fiserv, affecting their investments and the structure of the company’s business model.

For further updates on this investigation and detailed information regarding the class action against Fiserv, interested parties can visit Faruqi & Faruqi's official website or follow the firm’s updates on their social media channels.

Contact Information:
Faruqi & Faruqi, LLP
Phone: 877-247-4292
Website: www.faruqilaw.com/FI

This article serves as an informational piece regarding the actions against Fiserv and does not constitute legal advice. Investors are encouraged to conduct their due diligence or consult with a qualified attorney.