Urgent Notice for Fiserv Shareholders: Legal Rights Awareness Before Deadline
Important Notice for Fiserv, Inc. Shareholders
On August 25, 2025, The Gross Law Firm issued a crucial notice for shareholders of Fiserv, Inc. (NYSE: FI). This advisory is particularly relevant for those who acquired shares during the defined class period from July 24, 2024, to July 22, 2025. The firm encourages these shareholders to connect with them to discuss the potential for a lead plaintiff appointment concerning a class action lawsuit.
Key Allegations Against Fiserv
The lawsuit is centered around claims that Fiserv engaged in misleading practices throughout the specified timeframe. The allegations include:
1. Misleading Rebranding: It is alleged that due to cost constraints and issues related to the outdated Payeezy platform, Fiserv compelled its merchants to transition to the Clover platform.
2. Distorted Revenue Claims: The revenue growth reported for Clover was allegedly artificially boosted by these forced transitions, masking a decline in new merchant acquisitions.
3. Customer Exodus: Following the shift to Clover, many former Payeezy merchants reportedly left for competitors due to high costs, poor customer service, and other issues tied to Clover's platform.
4. Sustainable Growth Concerns: As a result of these migrations, Clover's growth in gross payment volume (GPV) witnessed a significant slowdown, calling into question the sustainability of its revenue growth.
5. False Statements: Fiserv’s positive assertions regarding Clover's growth strategies, competition, and overall business continuity during this period have been branded as materially false and misleading.
Registration Deadline Approaches
Shareholders are urged to take action promptly. The cutoff date to register for this class action is September 22, 2025. Those who register will benefit from portfolio monitoring software that provides ongoing updates throughout the legal proceedings at no cost or responsibility to them.
Next Steps
To proceed, interested shareholders can complete a registration form provided by The Gross Law Firm here. This registration is a step toward understanding their rights and potential recovery related to any financial losses incurred due to the alleged misleading actions of Fiserv.
Why Choose The Gross Law Firm?
The Gross Law Firm is recognized nationally for its commitment to protecting investors' rights facing deceit, fraud, and illicit business practices. Their mission aligns with ensuring that companies maintain responsible business conduct and uphold corporate citizenship. By seeking recovery for investors impacted by misleading statements and omitted material information, The Gross Law Firm takes significant steps to hold companies accountable.
For more information or assistance, shareholders can reach out to:
The Gross Law Firm
15 West 38th Street, 12th Floor
New York, NY, 10018
Email: [email protected]
Phone: (646) 453-8903
Conclusion
In light of the approaching deadline for potential claims, shareholders of Fiserv, Inc. should prioritize contacting The Gross Law Firm to safeguard their interests and understand their rights in this developing legal situation. Taking early action could provide the necessary leverage to address any grievances stemming from their investment decisions concerning Fiserv.
Topics Financial Services & Investing）
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