Legal Notice for Fiserv, Inc. Shareholders
The Gross Law Firm has recently made an important announcement concerning shareholders of
Fiserv, Inc. (NYSE: FI). If you have purchased shares of Fiserv during the specified class action timeframe and believe you may have incurred losses, this could be a significant opportunity for you. Below, we outline details of the class action suit, including eligibility, allegations, and next steps for shareholders.
Who is the Gross Law Firm?
The Gross Law Firm is a reputable law firm that specializes in class action lawsuits aimed at protecting investors from corporate misconduct. Their mission is to ensure that all investors receive the justice they deserve, particularly those who have faced losses due to misleading business practices or deceit.
Important Details About the Class Action
- - Class Period: The class action period is from July 24, 2024, to July 22, 2025. If you purchased shares during this time, you may qualify for participation in the suit.
- - Allegations Against Fiserv: According to the complaint, Fiserv made materially false statements and failed to disclose crucial information that affected its stock price. Specifically, allegations include:
- Fiserv's older point-of-sale platform,
Payeezy, had significant cost issues, leading to a forced conversion of its merchants to the
Clover platform.
- While this conversion temporarily boosted Clover's revenue, it concealed a slowdown in acquiring new merchant business.
- Following the switch, many former Payeezy merchants turned to competitors due to Clover's high costs and inadequate customer support.
- The reduced number of merchants using Clover led to a noticeable decline in its growth rate and revenue.
- As a result, the optimistic statements made by Fiserv regarding Clover's growth strategies and overall business outlook were allegedly misleading.
Deadline to Join the Class Action
Shareholders interested in participating should be aware of the approaching deadline.
September 22, 2025 marks the last day to register as a lead plaintiff. It is crucial for affected shareholders to act promptly to secure their potential recovery.
How to Participate
Participation in the class action does not require you to serve as a lead plaintiff. Interested shareholders can register through the Gross Law Firm’s website, where further details can be obtained. After registering, individuals will be enrolled in a portfolio monitoring system that will provide updates during the lawsuit process.
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Register Here:
Fiserv Loss Submission Form
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Contact Information: For any inquiries, shareholders can reach the Gross Law Firm at:
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Address: 15 West 38th Street, 12th Floor, New York, NY 10018
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Email: [email protected]
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Phone: (646) 453-8903
The Importance of Legal Representation
Participating in this class action can be crucial for shareholders who have suffered financial losses due to the actions of Fiserv, Inc. This class action suit represents a collective effort to hold businesses accountable for their practices. By joining forces, shareholders can enhance their chances of achieving a favorable outcome.
As the landscape of corporate accountability continues to evolve, investors are increasingly urged to stay informed and proactive. If you have been impacted by the events surrounding Fiserv, now is the time to act and explore your options.
Conclusion
In closing, we encourage all shareholders of Fiserv, Inc. to pay attention to this opportunity presented by the Gross Law Firm. With a defined class action period and specific allegations outlined, engaging in this suit may provide a path toward recovering your losses. Don’t delay in registering; this action could be essential in reclaiming your investment.