Important Deadline Approaches in Fiserv, Inc. Securities Lawsuit - Act Now
Legal Notice: Fiserv, Inc. Investors
Levi & Korsinsky, LLP, a law firm specializing in shareholders' rights, has alerted investors regarding an upcoming lead plaintiff deadline in a class action securities lawsuit involving Fiserv, Inc. (NYSE: FI). The lawsuit aims to recover losses on behalf of investors adversely affected by alleged securities fraud that occurred between July 24, 2024, and July 22, 2025.
Overview of the Lawsuit
This complaint draws attention to alleged misleading statements made by Fiserv executives, pointing to various issues related to their payment processing solutions. According to the filings, the following key allegations have been made:
1. Forced Conversions to Clover: Due to significant cost issues and other complications with its older payment processing platform, Payeezy, Fiserv compelled its merchants to switch to its Clover platform.
2. Inflated Growth Rates: The revenue growth experienced by Clover was artificially inflated due to these conversions, which masked a slowdown in the acquisition of new merchant clients.
3. Switching to Competitors: Once they transitioned to Clover, many former Payeezy merchants opted to move to other service providers due to Clover's high prices, poor customer service, and other operational challenges.
4. Diminishing Revenue Growth: As a result of these transitions, Clover's growth rate slowed significantly, leading to unsustainable revenue forecasts.
5. Misleading Public Statements: The statements issued by Fiserv during this period regarding Clover's growth strategies, market competition, and business outlook were allegedly materially false and misleading.
What Should Investors Do?
If you are an investor who experienced losses during the relevant period, it is crucial to act swiftly. The deadline to request that the court appoint you as lead plaintiff is September 22, 2025. However, it's essential to note that individuals who do not serve as lead plaintiffs retain the ability to share in any potential recovery from the case.
No Financial Risk to Participants
Potential participants should be aware that there are no upfront costs associated with joining this class action suit. If you qualify as a class member, you may be entitled to compensation without any out-of-pocket expenses. There is no obligation to participate, so interested investors should feel free to reach out for more information.
Why Choose Levi & Korsinsky?
With over 20 years of experience, Levi & Korsinsky prides itself on its proven track record. The firm has successfully recovered hundreds of millions of dollars for its clients in past securities litigation cases. This firm has an adept team dedicated to navigating complex legal landscapes on behalf of shareholders. Notably, Levi & Korsinsky has ranked for seven consecutive years in ISS Securities Class Action Services’ Top 50 Report, distinguishing itself as one of America’s top securities litigation firms.
Contact Information
Investors interested in learning more about their rights in this case can reach out to:
- - Joseph E. Levi, Esq.
Phone: (212) 363-7500
To access more information or to begin the participation process, follow this link: Fiserv Inc. Lawsuit Information.
Stay informed about your investment rights and act promptly to protect your interests!
Topics Financial Services & Investing）
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