Investors Urged to Act as Faruqi & Faruqi Firm Investigates Fiserv Claims Amid Deadline
In a recent development that has caught the attention of the investment community, Faruqi & Faruqi, LLP, a prominent national securities law firm, has initiated an investigation into potential claims against Fiserv, Inc., a key player in the digital payment processing industry. This comes as investors who acquired Fiserv securities between July 24, 2024, and July 22, 2025, face a critical deadline of September 22, 2025, to assert their right to lead a federal securities class action.
Faruqi & Faruqi are well-established in the legal landscape, known for advocating on behalf of shareholders and recovering substantial financial redress over the years. The firm encourages investors who feel they have suffered losses related to Fiserv to reach out. According to Josh Wilson, a partner at Faruqi & Faruqi, the firm seeks to provide these investors with options regarding the legal recourse available to them. Investors can contact Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
At the heart of the investigation are allegations that Fiserv and its executives may have violated federal securities laws by making misleading statements about the company's performance and prospects. Specifically, the grievance revolves around issues tied to Fiserv’s payment platform, Clover, and its predecessor, Payeezy. The investigation suggests that due to operational challenges with the outdated Payeezy platform, Fiserv required merchants to migrate to its Clover platform. This shift, while appearing beneficial, resulted in an unsustainable boost in Clover's revenue growth and gross payment volume. According to reports, this was not merely a positive maneuver but instead concealed a slowing new merchant acquisition rate.
The situation escalated on April 24, 2025, when Fiserv shocked shareholders by announcing a mere 8% growth in Clover's gross payment volume for the first quarter of 2025. This marked a significant deceleration from the previous year's growth rates of 14-17%. The company's explanation for this downturn cited lower transaction volumes from Payeezy merchants transitioning to Clover, a betrayal of expectations among investors who had anticipated robust performance.
Following this disclosure, Fiserv's stock price experienced a sharp decline, plummeting by 18.5% that day. Moreover, on May 15, 2025, as revelations continued to unfold, the company announced further deceleration of gross payment volume growth for the balance of the year, causing additional stock depreciation of 16.2%.
On July 23, 2025, Fiserv further acknowledged the bleak outcomes by lowering its full-year organic growth guidance. The company's revelation about a deceleration in year-over-year organic revenue growth within its Merchant segment from 11% to 9% led to yet another fall in stock prices, dropping 13.9% in a single day.
These developments have prompted investors to reconsider their positions and to explore their rights regarding legal action. Faruqi & Faruqi underscores that an individual or entity with the largest financial interest who fulfills the class representative criteria may serve as the lead plaintiff in the lawsuit. However, participation in the lawsuit is not mandatory for all class members, and inaction will not forfeit any potential recovery.
The firm also urges anyone with relevant information about Fiserv's operations or conduct to come forward, whether they are whistleblowers, employees, or former stakeholders, to assist this investigation further. For more details about the Fiserv class action, interested individuals can visit Faruqi & Faruqi’s dedicated webpage or contact the partnership for personalized assistance. As the deadline approaches, the importance of legal recourse for affected investors cannot be overstated, and prompt action will be critical in securing their rights.
Faruqi & Faruqi are well-established in the legal landscape, known for advocating on behalf of shareholders and recovering substantial financial redress over the years. The firm encourages investors who feel they have suffered losses related to Fiserv to reach out. According to Josh Wilson, a partner at Faruqi & Faruqi, the firm seeks to provide these investors with options regarding the legal recourse available to them. Investors can contact Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
At the heart of the investigation are allegations that Fiserv and its executives may have violated federal securities laws by making misleading statements about the company's performance and prospects. Specifically, the grievance revolves around issues tied to Fiserv’s payment platform, Clover, and its predecessor, Payeezy. The investigation suggests that due to operational challenges with the outdated Payeezy platform, Fiserv required merchants to migrate to its Clover platform. This shift, while appearing beneficial, resulted in an unsustainable boost in Clover's revenue growth and gross payment volume. According to reports, this was not merely a positive maneuver but instead concealed a slowing new merchant acquisition rate.
The situation escalated on April 24, 2025, when Fiserv shocked shareholders by announcing a mere 8% growth in Clover's gross payment volume for the first quarter of 2025. This marked a significant deceleration from the previous year's growth rates of 14-17%. The company's explanation for this downturn cited lower transaction volumes from Payeezy merchants transitioning to Clover, a betrayal of expectations among investors who had anticipated robust performance.
Following this disclosure, Fiserv's stock price experienced a sharp decline, plummeting by 18.5% that day. Moreover, on May 15, 2025, as revelations continued to unfold, the company announced further deceleration of gross payment volume growth for the balance of the year, causing additional stock depreciation of 16.2%.
On July 23, 2025, Fiserv further acknowledged the bleak outcomes by lowering its full-year organic growth guidance. The company's revelation about a deceleration in year-over-year organic revenue growth within its Merchant segment from 11% to 9% led to yet another fall in stock prices, dropping 13.9% in a single day.
These developments have prompted investors to reconsider their positions and to explore their rights regarding legal action. Faruqi & Faruqi underscores that an individual or entity with the largest financial interest who fulfills the class representative criteria may serve as the lead plaintiff in the lawsuit. However, participation in the lawsuit is not mandatory for all class members, and inaction will not forfeit any potential recovery.
The firm also urges anyone with relevant information about Fiserv's operations or conduct to come forward, whether they are whistleblowers, employees, or former stakeholders, to assist this investigation further. For more details about the Fiserv class action, interested individuals can visit Faruqi & Faruqi’s dedicated webpage or contact the partnership for personalized assistance. As the deadline approaches, the importance of legal recourse for affected investors cannot be overstated, and prompt action will be critical in securing their rights.
Topics Financial Services & Investing）
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