Pomerantz Law Firm Issues Investor Alert for Fiserv, Inc. Class Action Lawsuit and Important Deadlines

Investor Alert: Fiserv, Inc. Class Action Overview

The notorious Pomerantz Law Firm has recently announced the initiation of a class action lawsuit against Fiserv, Inc., a prominent player on the NYSE under the ticker symbol FI. This legal action has been prompted by significant losses experienced by investors amidst allegations of securities fraud and questionable business practices by the company and some of its executives. The firm is urging affected investors to reach out as soon as possible, as there are critical deadlines approaching that could affect their participation in the lawsuit.

Background of the Case

The class action revolves around claims that Fiserv, Inc. misled investors regarding its financial health, particularly regarding the performance of its Clover platform. This came to light on April 24, 2025, when the company disclosed a mere 8% growth in Clover's gross payment volume (GPV) for the first quarter of 2025. This revelation represented a significant drop from the previous year's growth rates, which ranged from 14% to 17%. According to Fiserv, the slowdown was partly due to transaction declines from merchants transitioning away from the older Payeezy platform to the newer Clover offering.

Following this announcement, Fiserv's stock saw a dramatic decline, dropping $40.20 per share—or 18.52%—to close at $176.90. Subsequent news revealed that the GPV growth deceleration was projected to continue throughout the year, leading to further losses with stock prices plummeting to $159.13 and later to $143.00 on subsequent disclosures.

Investor Participation

Investors who purchased or acquired Fiserv securities during this critical class period have until September 22, 2025, to apply for the role of Lead Plaintiff in this class action. Interested individuals can obtain a copy of the complaint and necessary participation details at www.pomerantzlaw.com. It’s essential for potential plaintiffs to provide their mailing address, phone number, and the number of shares purchased when contacting Pomerantz.

Pomerantz Law Firm Legacy

With a rich legacy of over 85 years, Pomerantz LLP stands as a distinguished firm specializing in corporate, securities, and antitrust litigation. Founded by the late Abraham L. Pomerantz, the firm pioneered the domain of securities class actions and has consistently fought for the rights of investors affected by securities fraud. They have previously secured numerous multimillion-dollar damage awards for their class members, showcasing their dedication and expertise in this arena.

To learn more and assess if you qualify to participate, please reach out to Danielle Peyton at Pomerantz LLP via email at [email protected] or call 646-581-9980, ext. 7980. By acting swiftly, affected investors can ensure their voices are heard in this pivotal legal battle against potential corporate misconduct by Fiserv, Inc.