1. Class action lawsuit filed against Fiserv for securities fraud violations. 2. Investors from July 2024 to July 2025 can join the lawsuit. 3. Allegations include false statements about cost issues and customer service failures. 4. Clover platform revenue growth reportedly unsustainable, leading to customer loss. 5. Press release encourages affected investors to participate in recovery.
Class action lawsuits often indicate serious operational or ethical issues, damaging investor confidence. Historically, companies facing lawsuits tend to see price drops as seen with Enron and Lehman Brothers.
The lawsuit's potential to uncover systemic issues in Fiserv makes it highly relevant. Investigations and legal battles can diminish investor confidence sharply.
The ongoing nature of the lawsuit could lead to prolonged uncertainty around Fiserv’s financial health, akin to cases like Wells Fargo. Legal outcomes can influence long-term stock viability.
LOS ANGELES, Aug. 18, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Fiserv, Inc. ("Fiserv" or "the Company") (NYSE: FI) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between July 24, 2024 and July 22, 2025, inclusive (the "Class Period"), are encouraged to contact the firm before September 22, 2025.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Fiserv forced merchants using its Payeezy platform to migrant to the Clover program due to cost issues and other problems. The Company's Clover platform revenue growth was unsustainably boosted by these conversions. The Company lost customers to competitors due to Clover's high prices and poor customer service. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Fiserv, investors suffered damages.
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
info@schallfirm.com
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SOURCE The Schall Law Firm