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Class action lawsuits

Fiserv Investors Sue Over Alleged Securities Fraud

Strategic Insights

— 1 min read

A class action lawsuit has been filed on behalf of Fiserv, Inc. investors who allegedly suffered losses due to the company's alleged securities fraud. The lawsuit alleges that Fiserv made false statements and concealed its financial difficulties, which led to a slowdown in its business growth. The complaint specifically mentions that Fiserv forced merchants to convert to its Clover platform, which resulted in a significant portion of former Payeezy merchants switching to competing solutions due to high pricing, inadequate customer service, and other issues. The lawsuit seeks to recover losses on behalf of Fiserv investors who were adversely affected by these alleged actions between July 24, 2024, and July 22, 2025.

Key Takeaways:

  • A class action lawsuit has been filed against Fiserv, Inc. on behalf of investors who allegedly suffered losses due to the company's alleged securities fraud.
  • The lawsuit alleges that Fiserv made false statements and concealed its financial difficulties, which led to a slowdown in its business growth.
  • Fiserv allegedly forced merchants to convert to its Clover platform, which resulted in a significant portion of former Payeezy merchants switching to competing solutions due to high pricing, inadequate customer service, and other issues.
  • The lawsuit seeks to recover losses on behalf of Fiserv investors who were adversely affected by these alleged actions between July 24, 2024, and July 22, 2025.
  • Investors may be entitled to compensation without payment of any out-of-pocket costs or fees.
  • Levi & Korsinsky, LLP is serving as the law firm representing the investors in the lawsuit.

Statistics:

  • July 24, 2024 - July 22, 2025: The relevant time frame for the alleged securities fraud.
  • September 22, 2025: The deadline to request the Court to appoint a lead plaintiff.
  • Over 20 years: The experience and expertise of Levi & Korsinsky, LLP in representing investors in complex securities litigation.
  • $100 million+: The amount of money secured by Levi & Korsinsky, LLP for aggrieved shareholders.
  • 70+ Employees: The number of employees at Levi & Korsinsky, LLP serving their clients.

Sources:

  • Globe Newswire, New York, Sept. 08, 2025 - (GLOBE NEWSWIRE)
  • LEVI & KORSINSKY, LLP.

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