Pomerantz Law Firm Launches Class Action Against Fiserv for Securities Fraud Allegations

On September 18, 2025, the Pomerantz Law Firm announced that a class action lawsuit has officially been filed against Fiserv, Inc. (NYSE: FI), a notable player in financial services technology. This lawsuit arises amid claims that the company, along with some of its officers and directors, may have engaged in securities fraud as well as other illegal business practices affecting investors adversely.

Background of the Case

Investors who have sustained losses on their investments in Fiserv are being urged to take immediate action, particularly as critical deadlines loom for those interested in serving as lead plaintiff in the class action. Interested parties are encouraged to reach out to Danielle Peyton of Pomerantz Law Firm for guidance on how to proceed, including necessary details like mailing address and phone number. More information can be found on their official website.

The contentious issues in this case stem from Fiserv's disappointing financial performance, specifically the substantial dip in gross payment volume (GPV) growth reported for the first quarter of 2025. The figures revealed a stark slowdown to just 8%, a significant decline compared to the GPV growth rates of 14% to 17% recorded in 2024. Fiserv attributed these declining numbers to reduced transaction volumes from merchants who migrated from its older Payeezy point-of-sale platform to its newer Clover system.

Impact on Stock Prices

Following this decline in performance, there was a considerable impact on Fiserv's stock value. On April 24, 2025, the company's share price plummeted by $40.20, or approximately 18.52%, closing at $176.90. Subsequent disclosures indicated that the slowdown in GPV growth was not an isolated incident—the firm would continue to see weak growth through the remaining year. This led to a further decline in stock prices; on May 15, 2025 alone, shares dropped by an additional $30.73 after announcing that GPV growth would not return to prior levels. By July 23, 2025, the situation worsened, with Fiserv lowering its full-year organic growth guidance and revealing further deceleration in its quarterly organic revenue growth in the Merchant segment.

Legal Representation

Pomerantz LLP is well-established in the field of corporate, securities, and antitrust class litigation, with a history stretching back over 85 years. Its founding figure, Abraham L. Pomerantz, is recognized for pioneering securities class actions. Today, the firm remains a champion for victims of corporate misdeeds, working tirelessly to secure substantial damages on behalf of affected class members.

If you believe you qualify as a class member due to losses incurred during the class period, it is essential to act promptly. The deadline to apply for lead plaintiff status is September 22, 2025, thus highlighting the importance of timely legal action for affected investors. Those who want more information can visit Pomerantz Law Firm's official website for the complaint details and steps to join the class action.

Conclusion

With Pomerantz Law Firm at the forefront of this class action, impacted investors have a chance to seek recourse for their financial losses. As this case develops, all stakeholders are encouraged to stay informed and active regarding their rights and the options available to them. The fight for investor rights continues as Pomerantz aims to hold Fiserv accountable for alleged commercial misconduct.