Recover Investment Losses: Levi & Korsinsky Files Class Action Against Fiserv, Inc. (FI)
July 30, 2025 3:12 PM EDT | Source: Levi & Korsinsky, LLP
New York, New York--(Newsfile Corp. - July 30, 2025) - If you suffered a loss on your Fiserv, Inc. (NYSE: FI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information:
https://zlk.com/pslra-1/fiserv-inc-lawsuit-submission-form?prid=158913&wire=5&utm_campaign=24
or contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or call (212) 363-7500 to speak to our team of experienced shareholder advocates.
THE LAWSUIT: A class action securities lawsuit was filed against Fiserv, Inc. that seeks to recover losses of shareholders who were adversely affected by alleged securities fraud between July 24, 2024 and July 22, 2025.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (a) Due to cost issues and other problems with its older point-of-sale platform, Payeezy, Fiserv forced Payeezy merchants to convert to its Clover platform; (b) Clover's revenue growth and GPV growth were temporarily boosted by these conversions, which concealed a slowdown in new merchant business; (c) shortly after these conversions, a significant portion of former Payeezy merchants switched to competing solutions due to Clover's high pricing, inadequate customer service, and other issues; (d) as a result of these merchant losses, Clover's GPV growth was significantly slowing, and its revenue growth was unsustainable; and (e) based on the foregoing, Fiserv's positive class period statements about Clover growth strategies, competition, attrition, GPV growth, and business prospects were materially false and misleading.
WHAT'S NEXT? If you suffered a loss in Fiserv, Inc. stock during the relevant time frame - even if you still hold your shares - go to https://zlk.com/pslra-1/fiserv-inc-lawsuit-submission-form?prid=158913&wire=5&utm_campaign=24 to learn about your rights to seek a recovery. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
https://zlk.com/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/260728