Levi & Korsinsky Invites Investors to Join Class Action Suit Against Fiserv, Inc. Before September Deadline
In a significant move impacting investors, Levi & Korsinsky, LLP has announced the initiation of a class action securities lawsuit against Fiserv, Inc. (NYSE: FI). This legal action is directed towards shareholders who may have experienced financial losses due to alleged misconduct between July 24, 2024, and July 22, 2025. The firm is urging affected investors to consider joining the lawsuit before the deadline on September 22, 2025.
The crux of the complaint involves claims that Fiserv made misleading statements and concealed critical information concerning their Point-of-Sale (POS) systems. The primary issues highlight concerns about their older platform, Payeezy, which allegedly forced merchants to migrate to the Clover system due to various operational troubles. This migration reportedly inflated Clover’s revenue and Gross Payment Volume (GPV) growth temporarily, masking a decline in new merchant acquisitions.
Investors claim that following the forced conversions, many previous Payeezy merchants sought alternatives, citing Clover’s high costs and poor customer support. The fallout from these merchant losses raised significant concerns about Clover's revenue sustainability and overall business strategy, contradicting Fiserv’s representations of robust growth and competitive standing.
As the lawsuit unfolds, the firm has made it clear that former Fiserv investors have until September 22, 2025, to reach out and potentially serve as lead plaintiffs in this class action. It should be noted that participation as a lead plaintiff is not a requirement for receiving compensation, which is structured to be accessible without any upfront financial obligation.
Levi & Korsinsky has a robust history of advocating for shareholders, having recouped substantial settlements in various securities cases over the last two decades. Their extensive experience in complex litigation has made them a trusted name among investors seeking justice for alleged securities fraud. The firm ranks among the top securities litigation firms in the U.S., evidenced by their multiple recognitions over the years.
Interested individuals can submit their information via the link provided by Levi & Korsinsky to get direct assistance from their team, which emphasizes that there are no costs involved for class members in this legal process.
For those impacted, now is the time to examine whether your investment in Fiserv, Inc. was affected and take action to secure potential compensation. As this case progresses, investors should remain vigilant and informed, especially with the deadline rapidly approaching for claims submissions.
Inquiries can also be directed to Joseph E. Levi, Esq. at contact details provided, reinforcing the commitment of Levi & Korsinsky to support affected investors every step of the way.
For anyone involved, participating in this class action not only presents the chance for recovery but also stands as a collective effort to hold large corporations accountable for their actions in an increasingly complex marketplace.