Important Reminder for Fiserv, Inc. Shareholders: Lead Plaintiff Deadline Approaches

Lead Plaintiff Reminder for Fiserv, Inc. Shareholders



Introduction


The Gross Law Firm has issued an important reminder to shareholders of Fiserv, Inc. (NYSE: FI) regarding a significant deadline pertinent to an ongoing lawsuit. As a shareholder, it is crucial to understand your rights and responsibilities during this process.

Overview of the Case


The Gross Law Firm is reaching out to individuals who purchased shares of Fiserv, Inc. between July 24, 2024, and July 22, 2025. During this class period, substantial allegations surfaced against the company, suggesting that numerous misstatements and omissions occurred.

Allegations Details


According to the allegations, the defendants are accused of making materially false statements and failing to disclose several issues:

1. Platform Concerns: Due to various challenges linked to its older point-of-sale platform, Payeezy, Fiserv coerced merchants using Payeezy to shift to its Clover platform.
2. Inflated Growth Metrics: While Clover's revenue and gross payment volume (GPV) growth appeared to be thriving thanks to these transitions, this merely masked a downturn in acquiring new merchant partnerships.
3. Loss of Merchants: After switching to Clover, a notable number of former Payeezy merchants moved to competitor services, fueled by dissatisfaction with Clover’s pricing and customer support.
4. Unviable Business Growth: As a result of losing merchants, Clover's GPV growth slowed significantly, making its revenue progress unsustainable.
5. Misleading Statements: Consequently, statements made by Fiserv regarding Clover's growth strategies, competition, and business outlook were deemed materially false and misleading.

Key Deadlines


The deadline to seek appointment as a lead plaintiff in this case is September 22, 2025. It is important for shareholders to act proactively and register their interest promptly. Registration link here.

Next Steps for Shareholders


Once shareholders register during the specified period, they will be enrolled in a dedicated monitoring portfolio. This service is essential in keeping you updated on the case's progress throughout its duration. Participation in this initiative is without any financial obligation, but it provides necessary legal insight and updates.

Why Choose The Gross Law Firm?


The Gross Law Firm stands out as a nationally recognized class action firm dedicated to safeguarding investor rights. Their mission revolves around supporting investors who have been victims of deceptive practices and ensuring companies follow ethical business standards. The firm's expertise lies in seeking restitution for investors who have faced losses due to misleading company statements and practices.

Contact Information


For those interested in learning more about their rights or how to participate, they are encouraged to reach out directly:
  • - Address: The Gross Law Firm, 15 West 38th Street, 12th floor, New York, NY, 10018
  • - Email: [email protected]
  • - Phone: (646) 453-8903

Conclusion


Being a shareholder comes with responsibilities and rights. The looming lead plaintiff deadline for Fiserv, Inc. emphasizes the importance of being informed and proactive. Shareholders are urged not to delay; act now to ensure your rights are protected in this class action.

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Topics Financial Services & Investing)

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