Investors Urged to Act as Faruqi & Faruqi Investigates Fiserv Claims

Overview of the Investigation

Faruqi & Faruqi, LLP, a prominent national law firm specializing in securities litigation, is currently examining possible claims on behalf of investors of Fiserv, Inc. (NYSE: FI). This investigation is particularly important for those who acquired securities within the window of July 24, 2024, to July 22, 2025, and subsequently suffered financial losses. With a looming deadline of September 22, 2025, for filing as a lead plaintiff in an existing federal securities class action, affected investors are encouraged to understand their options promptly.

Background on Fiserv

Fiserv is a leading global provider of payment and financial services technology, operating under the belief that it can facilitate easier interactions between businesses and customers. However, concerns have surfaced regarding the company's business practices and financial projections, particularly relating to its Clover payment platform.

Allegations Against Fiserv

The complaints allege that Fiserv and its executives may have violated federal securities laws due to misleading statements. Key claims include:

1. Forced Platform Migration: The company reportedly pressured merchants using the older Payeezy platform to switch to Clover, leading to problems due to cost issues and operational difficulties. This forced transition has raised questions about the stability and profitability of Clover.

2. Inflated Performance Metrics: Subsequent to the forced migration, it is alleged that Clover’s revenue growth and gross payment volume (GPV) saw unsustainable increases, temporarily masking a stagnation in acquiring new merchant business.

3. Customer Exodus: Shortly after being migrated to Clover, many former Payeezy merchants turned to competitor solutions due to Clover's pricing structure, downtime, and compatibility problems. This loss significantly slowed Clover's GPV growth and undermined Fiserv’s revenue projections.

4. False Assurance Statements: Assertions made by Fiserv regarding the growth strategies, competition, and overall business health of Clover during the class period are being called into question as materially misleading.

Market Reactions and Stock Performance

The unfolding situation began to affect Fiserv's stock price starting April 24, 2025. On that day, the firm reported a disappointing 8 percent GPV growth for Clover in Q1 2025, compared to higher growth rates in 2024. This announcement led to an abrupt drop in stock price by 18.5%. Further disappointing disclosures in May and July 2025 exacerbated the decline, with shares plummeting to a low of $143.00 by July 23, 2025. The loss of investor confidence is palpable, as these developments paint a picture of volatility and uncertainty in Fiserv's operations.

Next Steps for Investors

Faruqi & Faruqi reminds investors to assess their circumstances carefully. Those who have faced losses and purchased Fiserv securities during the specified time period should contact the law firm to discuss their legal rights. Investors can reach out to Securities Litigation Partner James (Josh) Wilson directly at his contact numbers or visit their website for more detailed information on the class action and how they can participate in it.

Conclusion

As the deadline for claiming losses nears, it is crucial for investors to act swiftly and seek legal advice. The actions taken in the coming weeks will significantly impact their ability to recover any losses sustained in the turbulent period surrounding Fiserv’s operations. Faruqi & Faruqi has a well-established history of securing hundreds of millions for investors and is well-equipped to guide clients through the complexities of securities litigation. For more updates and detailed analysis, visit their website or follow them on social media platforms.