#None #Faruqi & Faruqi #Fiserv Class Action #NY Law Firm

Important Update for Fiserv Investors

Faruqi & Faruqi, LLP, a respected name in national securities law, is currently investigating potential claims against Fiserv, Inc. This comes as the firm officially notifies all affected investors about an approaching deadline for lead plaintiff applications in a federal securities class action lawsuit filed against Fiserv. The date to be aware of is September 22, 2025.

The lawsuit centers around allegations that Fiserv, under the ticker symbol FI, and its executives failed to comply with federal securities laws. Specifically, the accusations state that the company made misleading statements concerning its business operations and financial health.

Timeline of Developments

Analysis of the matter reveals several key events that led to increased scrutiny of Fiserv's practices:

• - Period Covered: The claims mostly pertain to transactions made from July 24, 2024, to July 22, 2025.
• - Allegations of Misleading Business Practices: Fiserv is accused of compelling merchants using its older Payeezy platform to migrate to its Clover platform due to cost concerns and operational challenges. This transition, while initially appearing beneficial, led Clover's revenue and transaction growth figures to be inflated, masking a slowdown in new customer acquisition. Furthermore, former Payeezy merchants reportedly switched to competitive solutions due to Clover's pricing and service issues.
• - Impact on Stock and Investor Sentiment: The truth started emerging on April 24, 2025, when Fiserv reported a disappointing 8% growth in Clover's gross payment volume (GPV) for the first quarter — a stark drop from 2024's growth rates, triggering an immediate 18.5% decline in share price. Further negative disclosures followed on May 15 and July 23, impacting stock performance significantly.

What are the Legal Options for Investors?

Faruqi & Faruqi's primary concern is to ensure that any investor who suffered losses during this time is informed of their legal rights. Senior Partner James (Josh) Wilson encourages those affected to reach out for a confidential consultation. As outlined in the lawsuit, the lead plaintiff will represent the interests of the class in court. All affected investors may either apply to lead or remain an absentee class member — which will not impact their potential recovery from the lawsuit.

The firm emphasizes that anyone with additional information regarding Fiserv’s operations is encouraged to come forward. This includes whistleblowers, ex-employees, or shareholders with insights that could further substantiate the claims against the firm.

Conclusion

Faruqi & Faruqi is committed to fighting for the rights of investors and has a history of achieving favorable outcomes, recovering substantial amounts for clients since 1995. Anyone interested in diving deeper into their legal standing concerning this class action is invited to contact the firm directly for more information.

As the deadline approaches, the urgency for affected investors to act cannot be understated. More details can be explored further on their website, and calls to the firm can also provide immediate assistance.

Contact Information

• - Faruqi & Faruqi, LLP
• - Phone: 877-247-4292 or 212-983-9330
• - Website: www.faruqilaw.com/FI

Stay updated on developments by following the firm on social media platforms like LinkedIn, X, and Facebook.

Legal Disclaimer

Faruqi & Faruqi, LLP ensures all communications will be treated with confidentiality. The law firm's past results do not guarantee future outcomes, but they remain dedicated to supporting their client's needs comprehensively.