#USA #Securities Fraud #Bensalem #Howard Smith #Fiserv

Fiserv, Inc. Securities Fraud Lawsuit

In a significant announcement, the Law Offices of Howard G. Smith have declared an opportunity for investors who suffered considerable losses in shares of Fiserv, Inc. (NYSE: FI) to potentially lead a securities fraud class action lawsuit against the company. As the legal proceedings commence, affected investors are urged to act swiftly before the lead plaintiff deadline on September 22, 2025.

Overview of the Opportunity

The ongoing lawsuit centers around allegations that between July 24, 2024, and July 22, 2025, Fiserv failed to disclose pivotal information that misled investors. According to the complaint, there are several key issues that have been highlighted:

1. Forced Migration to Clover: It is alleged that due to significant cost issues and various obstacles associated with its Payeezy platform, Fiserv compelled Payeezy merchants to migrate to its Clover platform. This strategic move has raised serious ethical questions concerning the company's transparency with its investors.

2. Unsustainable Revenue Growth: Following these forced conversions, it appears that Clover’s reported revenue and Gross Payment Volume (GPV) growth were not only artificially inflated but also unsustainable in the long run. This has led to growing concerns about the health of Clover's merchant base, as the actual business performance was not as promising as presented.

3. Merchant Exodus Post-Conversion: Shortly after the migration, many former Payeezy merchants started to abandon Clover for competing solutions. Reports indicate that Clover's pricing structure and subpar customer service were significant factors contributing to this discontent, leading to a slowdown in merchant acquisition.

4. Materially Misleading Statements: Throughout this tumultuous period, Fiserv's leadership made various positive statements about the company's operations and future prospects that were allegedly misleading. The complaint suggests that these communications lacked a reasonable basis and failed to reflect the actual challenges the company was encountering.

Participation in the Class Action

Investors who wish to be a part of this class action are encouraged to reach out to the Law Offices of Howard G. Smith ahead of the approaching deadline. The process to participate does not require immediate action; investors can choose to await further legal developments or engage different counsel.

To engage with the lawyers handling this case or for any inquiries regarding your rights or interests in relation to the pending class action, investors can contact the Law Offices of Howard G. Smith via:

• - Email: howardsmithlaw.com
• - Phone: (215) 638-4847
• - Website: www.howardsmithlaw.com

The law firm emphasizes that participation in the class action does not require investors to take immediate action, as they can still remain involved even as absent members of the lawsuit. However, it is crucial to understand the risks and implications involved in these proceedings.

What’s Next?

As the securities fraud lawsuit progresses, the landscape for investors in Fiserv, Inc. will continue to evolve. This situation serves as a vital reminder of the importance of transparency and accountability in corporate communications. Investors who have faced losses now stand at a crossroads, with the potential to lead the charge against alleged corporate misconduct. Timing is critical—those who suspect they may have grounds for inclusion should act promptly to protect their interests.

Stay tuned for updates as the situation unfolds and remember that the legal realm regarding securities fraud is intricate. Proper guidance and timely action can make all the difference in navigating these waters effectively.

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