Fiserv, Inc. (NYSE: FI) Investor Alert: Lawsuit alleges False and Misleading Statements

An investor, who purchased shares of Fiserv, Inc. (NYSE: FI), filed a lawsuit over alleged violations of Federal Securities Laws by Fiserv, Inc.

Investors who purchased shares of Fiserv, Inc. (NYSE: FI) have certain options and for certain investors are short and strict deadlines running. Deadline: September 22, 2025. NYSE: FI investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

Milwaukee, WI based Fiserv, Inc. provides payments and financial services technology solutions in the United States, Europe, the Middle East and Africa, Latin America, the Asia-Pacific, and internationally. Fiserv's flagship product and most important growth driver is Clover, which provides merchants with a payment "gateway" to facilitate the secure processing of credit, debit, and mobile payment transactions on behalf of financial institutions and their customers.

On April 24, 2025, Fiserv reported that growth of Clover GPV of only 8 percent for the first quarter of 2025, a material stepdown from 2024 GPV rates of between 14 and 17 percent. The Company attributed this slowing growth to lower 2025 transaction volumes from Payeezy merchants who had converted to Clover.

Then, on May 15, 2025, Fiserv disappointed investors by disclosing that GPV growth deceleration would continue throughout 2025.

Finally, on July 23, 2025, Fiserv lowered the top end of its full-year organic growth guidance range and confirmed that its quarterly organic revenue in the Merchant segment had decelerated to 9 percent year-over-year from 11 percent in the previous quarter.

Shares of Fiserv, Inc. (NYSE: FI) declined from $238.00 per share on February 20, 2025, to $128.22 per share on July 23, 2025.

The plaintiff claims that between July 24, 2024 and July 22, 2025, the Defendants misled investors by failing to disclose that due to cost issues and other problems with its older Payeezy platform, Fiserv forced Payeezy merchants to migrate to its Clover platform, that Clover's revenue growth and gross payment volume ("GPV"), the total monetary value of transactions processed through Clover, were temporarily and unsustainably boosted by these forced conversions, which concealed a slowdown in new merchant business, that shortly after these conversions, a significant portion of former Payeezy merchants switched to competing solutions due to Clover's high pricing, significant down time, and systematic compatibility issues, that as a result of these merchant losses, Clover's GPV growth was significantly slowing, and its revenue growth was unsustainable, and that based on the foregoing, Fiserv's positive statements between July 24, 2024 and July 22, 2025 about Clover's growth strategies, competition, attrition, GPV growth, and business prospects were materially false and misleading.

Those who purchased shares of Fiserv, Inc. (NYSE: FI) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.