#United States #New York #Class Action #Pomerantz #Fiserv

Investor Alert: Class Action Against Fiserv, Inc.

Overview

Recently, Pomerantz Law Firm has announced the initiation of a class action lawsuit against Fiserv, Inc. (NYSE: FI), prompting investors who have suffered losses to take action. This legal action arises from serious concerns regarding potential securities fraud committed by Fiserv and specific executives or directors of the company.

Key Details

Investors impacted by this situation are advised to reach out to Danielle Peyton at Pomerantz by email or by phone. It is especially important for those who purchased Fiserv's securities during the defined Class Period to express their intent of joining the lawsuit as Lead Plaintiff. The deadline for such a request is September 22, 2025.

This class action stems from a significant downturn in Fiserv’s stock price, which began when the company reported an alarming slowdown in growth for its Clover gross payment volume (GPV). On April 24, 2025, Fiserv shared that it experienced only 8% GPV growth for the first quarter, a stark contrast to the 14-17% growth rates from the prior year. This announcement resulted in a substantial drop in share price, falling 18.52%, with shares closing at $176.90.

Shortly after, on May 15, further disclosures indicated that the slowdown in GPV growth would persist throughout the year, leading to another decline in Fiserv's stock price, marking an additional loss of 16.19%, bringing the closing price down to $159.13.

Finally, on July 23, when Fiserv revised its full-year organic growth guidance downward and acknowledged a deceleration in quarterly organic revenue in its Merchant segment, the shares plummeted another 13.85%, closing at $143.00. This alarming trend has raised significant red flags regarding the company’s operational integrity and transparency.

What This Means for Investors

Investors should closely monitor the developments surrounding this lawsuit, as the implications could be far-reaching. The Pomerantz Law Firm is known for its expertise in securities class actions, and it has continuously advocated for the rights of investors affected by corporate misconduct. Founded by the late Abraham L. Pomerantz, the firm has handled numerous high-profile securities cases and aims to secure justice for victims of securities fraud.

How to Participate

Affected investors are strongly encouraged to act quickly. For those interested in joining the class action, reaching out and providing contact details, including email and phone number, along with the number of shares purchased, is vital to securing a place in the proceedings. A copy of the formal complaint can also be accessed via the firm's official website.

This class action represents an opportunity for investors to regain lost funds and hold accountable those responsible for the decline in share value. Remember, potential recovery from this lawsuit could set a precedent for future securities cases, emphasizing the necessity for corporate accountability.

As this case unfolds, staying informed and connected with Pomerantz Law Firm could prove beneficial for all affected investors seeking recourse.

For further information and updates, please visit Pomerantz Law Firm and keep an eye on their communications regarding this significant legal action.