Investors of Fiserv, Inc. Targeted in New Class Action Lawsuit: Are You Affected?

Class Action Lawsuit Against Fiserv, Inc.



Investors who have experienced losses in Fiserv, Inc. (NYSE: FI) are now being urged to take action. Levi & Korsinsky, LLP has announced a class action securities lawsuit aimed at recovering damages for shareholders who were impacted by alleged securities fraud over a specific period. This lawsuit seeks justice for those who lost funds due to misleading information regarding Fiserv’s business operations, particularly its point-of-sale platforms.

Overview of the Class Action



This class action targets individuals who held shares in Fiserv, Inc. between July 24, 2024, and July 22, 2025. The crux of the lawsuit revolves around claims that Fiserv concealed critical information regarding its services. The lawsuit alleges that:

1. Forced Conversions: Fiserv compelled merchants utilizing its older Payeezy platform to transition to the Clover platform, citing cost issues and problematic performance inherent to Payeezy.
2. Misleading Growth Figures: Initially, revenue metrics for Clover were artificially inflated due to these forced transitions, masking a decline in new merchant acquisitions.
3. Merchant Exodus: Following these conversions, many former Payeezy clients migrated to competitors. Reports indicate that Clover’s pricing was perceived as exorbitant, alongside complaints about insufficient customer support.
4. Unsustainable Business Model: As a direct outcome, Clover’s growth in gross payment volume (GPV) faced a significant downturn, raising alarms about the viability of its revenue growth strategies.
5. False Representation: Throughout this timeframe, statements made by Fiserv regarding its growth strategies and market position were supposedly false and misleading.

Action Steps for Affected Investors



For shareholders who suffered losses within the designated time frame, there is an opportunity to become involved in the class action. Investors have until September 22, 2025, to apply to be considered as lead plaintiffs in the case. However, it should be noted that participating in the suit does not require individuals to serve in this capacity to potentially benefit from any financial recovery.

The process is straightforward and comes at no cost to participants. Members of the class may receive compensation without any direct financial obligation. This means that individuals can take part in the lawsuit without the risk of incurring fees or expenses out of pocket.

Levi & Korsinsky's Track Record



Levi & Korsinsky, LLP has a robust history of fighting for investor rights. For over two decades, the firm has successfully recovered hundreds of millions for shareholders in complex securities litigation. Notably, the firm has been recognized repeatedly in ISS Securities Class Action Services’ Top 50 Report for its outstanding performance in the field.

If you believe you qualify as a class member and wish to pursue this opportunity, you can visit their website for more information or contact one of the firm’s attorneys directly. Joseph E. Levi, Esq. can be reached at (212) 363-7500 or through email at email.

Conclusion



In times of corporate misrepresentation, it is essential that affected investors seek recourse to recover their losses. This lawsuit against Fiserv, Inc. not only provides a chance for monetary compensation but also aims to hold the company accountable for the alleged wrongful acts that led to investor losses. Take action today to ensure that you do not miss out on this potential opportunity for recovery.

Topics Financial Services & Investing)

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