Investors of Fiserv, Inc. Protest Against Alleged Securities Violations Amid Class Action Lawsuit

Class Action Lawsuit Filed Against Fiserv, Inc.

On July 28, 2025, Bronstein, Gewirtz & Grossman, LLC, a prominent law firm, formally announced the initiation of a class action lawsuit against Fiserv, Inc., a company publicly traded on the NYSE under the ticker FI. This action comes as a response to numerous complaints from investors who claim to have suffered significant financial losses due to alleged violations of federal securities laws.

Overview of Allegations

The lawsuit specifically targets Fiserv and certain officials within the company. According to the filed complaint, those affected include individuals and entities that acquired Fiserv securities between July 24, 2024, and July 22, 2025. The grievances mentioned in the lawsuit suggest that during this period, the defendants allegedly made misleading statements and failed to disclose crucial information about the company’s operations, particularly regarding its Payeezy platform.

Key Issues Raised

1. Transition to Clover: The complaint alleges that Fiserv compelled merchants utilizing its Payeezy platform to switch to the Clover platform due to cost issues and operational difficulties with Payeezy. This transition may have created a misleading perception of growth within the Clover platform’s revenue figures.
2. Inflated Growth Metrics: The lawsuit claims that the reported revenue and gross payment volume (GPV) growth linked to Clover were artificially inflated by these mandated changes, masking a decline in the actual acquisition of new merchants.
3. Merchant Defections: Following these forced migrations, many previously loyal Payeezy merchants allegedly abandoned the Clover platform due to its high pricing, lackluster customer support, and other operational flaws. This customer exodus contributed to a significant deceleration of Clover’s growth metrics.
4. Unsustainability of Revenue Growth: As a direct result of these merchant losses, the lawsuit asserts that Clover’s GPV growth rates were considerably declining, making its current revenue growth models unsustainable.

Next Steps for Investors

For investors who have faced losses while holding Fiserv shares, joining this class action presents a potential avenue for recovering lost funds. The law firm invites affected investors to visit their site at bgandg.com/FI to obtain further information. A copy of the complaint is also accessible through the same web link, allowing investors to familiarize themselves with the details of the case. Importantly, those who experienced losses in connection with Fiserv have until September 22, 2025, to petition the court to appoint them as lead plaintiffs in the case.

No Upfront Costs

And for those concerned about legal fees, it’s noteworthy that Bronstein, Gewirtz & Grossman operate on a contingency fee basis. This means that if they successfully recover funds for their clients, they will seek reimbursement for out-of-pocket expenses and legal fees from the settlement or jury award, alleviating financial burden during the legal process.

About the Firm

With a well-established reputation, Bronstein, Gewirtz & Grossman, LLC has been a key player in representing investors in securities fraud class actions and shareholder derivative lawsuits. They have successfully recouped hundreds of millions for investors across the nation, underscoring their commitment to holding corporations responsible for financial injustices. Investors can stay updated by following them on platforms such as LinkedIn, X, Facebook, or Instagram.

In summary, this class action lawsuit against Fiserv, Inc. is an essential step for investors seeking to hold the firm accountable for alleged securities violations. Affected individuals are encouraged to act promptly to join the legal proceedings and potentially recover their losses.