Fiserv, Inc. Investors Encouraged to Participate in Lawsuit
The Rosen Law Firm, a distinguished global securities law firm, has reached out to individuals who purchased common stock of Fiserv, Inc. (NYSE: FI) from July 24, 2024, to July 22, 2025. The firm emphasizes the importance of the lead plaintiff deadline set for September 22, 2025. This opportunity allows investors to seek compensation without incurring any out-of-pocket expenses, as the firm operates on a contingency fee basis.
Why This Matters
If you bought shares of Fiserv during the specified Class Period, you may have grounds to recover damages related to securities fraud. The lawsuit stems from allegations that Fiserv made misleading statements and failed to disclose critical information regarding its business practices. Notably, it alleges that the company misrepresented the success and viability of its Clover platform, which had purportedly been marketed as a solution to challenges with its older Payeezy platform.
How to Get Involved
Interested parties looking to join the class action against Fiserv can visit
https://rosenlegal.com/submit-form/?case_id=42465 or reach out to Phillip Kim, Esq. at 866-767-3653 or via email at [email protected] to gather more information. The opportunity to act as a lead plaintiff is available, but interested individuals must file with the court by the September deadline. In such roles, lead plaintiffs serve as representative parties, directing the course of the litigation on behalf of the wider investor group.
The Allegations
The crux of the lawsuit revolves around disclosures related to Fiserv’s Clover platform. It asserts that throughout the Class Period, the company compelled merchants on its older Payeezy platform to migrate to Clover. This migration temporarily inflated Clover's revenue and gross payment volume (GPV). However, it was purportedly at the cost of driving merchants to seek alternatives due to inadequacies in Clover's pricing and reliability. This situation culminated in reporting that growth metrics were deceivingly positive, masking a declining trend in new merchant acquisition.
The Rosen Law Firm’s Expertise
The Rosen Law Firm has a robust record of advocating for investors and has successfully secured large settlements in prior cases. It distinguishes itself from lesser-known firms that may lack the necessary experience and resources to get results. The firm highlights its impressive track record, having been recognized as a leader in securities class action law, including being ranked first for the number of class action settlements achieved.
In 2019, for instance, it recovered over $438 million for investors, solidifying its reputation in this sphere. The firm also ensures that its team of attorneys, recognized by Lawdragon and Super Lawyers, provides experienced representation throughout the litigation process.
Next Steps for Investors
Investors concerned about their positions and potential entitlements are encouraged to act promptly in registering their claims or expressing interest in lead plaintiff opportunities. Until the class is certified, individuals who purchased Fiserv stock during the Class Period remain unrepresented unless they elect to engage legal counsel. Staying updated on the unfolding situation through communications channels established by the Rosen Law Firm, including LinkedIn, Twitter, and Facebook, can also provide timely information.
Remember, participating in a class action can often yield substantial benefits for each investor, enabling shared costs and risks while bolstering the chances of successful litigation against large entities like Fiserv. Investors who acted within the timeline must not delay in considering this opportunity for potential recovery of their losses.