The Urgent Notice for Fiserv, Inc. Investors
On August 14, 2025, The Gross Law Firm, a prominent class action firm, announced a significant update for investors of Fiserv, Inc.
(NYSE: FI). The firm is advocating for those who purchased shares during a specific class period, urging them to take action due to alleged misstatements by the company that may have adversely impacted their investments.
Class Period Overview
Shareholders who bought shares of Fiserv, Inc. between July 24, 2024, and July 22, 2025, are particularly encouraged to connect with the firm. The legal groundwork rests on claims that the company made materially false claims about its operations and growth prospects during this period. The allegations imply that Fiserv misled investors about critical issues related to its Payeezy software, leading to potential financial losses for shareholders.
Key Allegations
The allegations against Fiserv revolve around its upgrade from the Payeezy platform to Clover. According to the claims:
- - Forced Conversions: Fiserv coerced Payeezy merchants to switch to Clover due to ongoing issues with the older platform, creating an artificial boost in Clover's revenue growth.
- - False Revenue Indicators: The revenue growth attributed to Clover was deceptive as it obscured the declining rate of new merchant acquisition.
- - Loss of Merchants: After transitioning to Clover, many former Payeezy users faced dissatisfaction due to high costs and poor customer service. This led to significant merchant attrition.
- - Unsustainable Growth: These losses have reportedly caused Clover's growth to slowdown, contradicting previous positive assertions made by Fiserv about its business outlook.
Upcoming Deadline: September 22, 2025
The firm emphasizes the importance of urgency for shareholders wishing to participate. The deadline for registering as a lead plaintiff is set for September 22, 2025. Interested investors should not delay and can register easily via the firm’s website, enabling them to monitor the case's progress.
What to Expect After Registration
Once registered, you will gain access to portfolio monitoring software, providing updates regarding the case's developments. Importantly, participating does not require any financial investment or commitment. This opportunity allows shareholders to safeguard their interests without the burden of costs.
Why Choose The Gross Law Firm?
Recognized nationally, The Gross Law Firm is dedicated to promoting fair business conduct and justice for investors. Their mission is to challenge corporate ethics that compromise shareholder value through misleading practices. The firm’s thorough approach aims to hold companies accountable for their claims and ensure no investor suffers due to fraudulent activities.
Contact Information
For those interested in learning more about the lawsuit or how to proceed, contact The Gross Law Firm:
- - Address: 15 West 38th Street, 12th floor, New York, NY, 10018
- - Email: [email protected]
- - Phone: (646) 453-8903
This is a critical moment for Fiserv investors. The class action lawsuit represents a collective effort to seek justice against practices deemed misleading. If you purchased shares during the specified period, now is the time to take action and safeguard your investment rights.
Conclusion
In closing, these developments highlight the importance of investor awareness. The Gross Law Firm is calling upon affected shareholders to act quickly before the September deadline, ensuring their voices and investments are protected during this legal process. The situation exemplifies the need for accountability within corporate governance and the protection it provides to vulnerable stakeholders.