Rosen Law Firm Urges Fiserv Investors to Join Class Action
In a significant announcement, Rosen Law Firm, a reputable global lawyer firm that focuses on investor rights, is reminding shareholders of Fiserv, Inc. (NYSE: FI) about an important opportunity in the ongoing securities fraud lawsuit. This entails investors who purchased shares between July 24, 2024, and July 22, 2025. Those affected should be aware of the critical deadline for lead plaintiffs set for September 22, 2025.
Why This Matters
For individuals who acquired common stock of Fiserv during the defined class period, potential eligibility for compensation exists. Notably, this can occur without any immediate out-of-pocket expenses through a contingency fee arrangement that many law firms offer. This is a vital opportunity to consider if you were involved with Fiserv's stock during the mentioned timeframe. If you haven't yet enrolled in this class action lawsuit, it remains pivotal to act now.
Next Steps for Potential Claimants
To become part of the Fiserv class action, interested investors should visit the official submission link at
rosenlegal.com, or they may contact Phillip Kim, Esq. directly at 866-767-3653 or via email at [email protected]. It is essential to understand that to serve as the lead plaintiff, you need to petition the Court no later than the stated deadline. Serving as a lead plaintiff positions an investor as a representative party, guiding the litigation’s direction.
Choosing the Right Counsel
The Rosen Law Firm strongly emphasizes the importance of selecting a competent attorney with a proven history in leading securities litigation. Many of the advisory firms sending notices may not have the requisite experience or dedicated resources required for effective representation. Although some firms often partner with primary litigators, they may not essentially engage in litigation. Therefore, it is crucial to critically assess your choice of counsel before moving forward.
The Rosen Law Firm has a distinguished reputation in representing global investors, focusing primarily on handling securities class actions and shareholder derivative litigations. In fact, they are noted for achieving the largest securities class action settlement involving a Chinese company at the time. With a strong performance record, they were ranked No. 1 by ISS Securities Class Action Services regarding settlements in 2017, and consistently ranked among the top firms since 2013, recovering substantial amounts for investors. For reference, in 2019, the firm secured over $438 million for investors, a testament to its effectiveness and client advocacy.
Understanding the Case Details
The allegations surrounding the case are serious and involve claims that throughout the class period, Fiserv and its management issued misleading statements or failed to disclose crucial information. Specifically, it has been suggested that due to operational issues with its older Payeezy platform, the company pressured merchants to transition to its Clover platform. While this transition artificially inflated Clover’s revenue and transaction volumes, it later led to a significant exodus of former Payeezy merchants due to high costs, downtimes, and compatibility problems with Clover.
These merchant losses resulted in a stark decline in Clover's growth rate and unsustainable revenue trajectories, contradicting Fiserv’s prior positive statements regarding its growth strategies and business outlook.
Investors, understandably, faced damages once the genuine details regarding these developments became public, substantiating the need for legal action.
Legal Considerations and Participation
For individuals still uncertain about the process, know that currently, no class has been officially certified, meaning participation in the litigation requires individual legal representation. Prospective investors have the option of choosing their counsel or remaining uninvolved. It is essential to express that any potential recovery will not depend on serving as the lead plaintiff but may hinge on active participation in the action.
Conclusion
Stay informed by following the Rosen Law Firm for updates on LinkedIn, Twitter, and Facebook, ensuring you do not miss any significant developments in this critical case. Investors are encouraged to act now as navigating this legal landscape efficiently could yield favorable outcomes.
Attorney advertising roots back on prior results that do not assure similar results for future outcomes.
Contact Information for Rosen Law Firm
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll-Free: (866) 767-3653
Fax: (212) 202-3827
Email: [email protected]
Website:
rosenlegal.com