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7h ago

Fiserv Investors Urged to Join Clover Disclosure Lawsuits Ahead of Sept. 22 Deadline

Plaintiffs allege forced Payeezy migrations artificially lifted Clover metrics before merchant attrition exposed slowing growth.

Rosen, a leading law firm, encourages fiserv, inc. investors to secure counsel before important deadline in securities class action fi

Overview

  • Rosen Law Firm reminds Fiserv shareholders of a September 22, 2025 deadline to seek appointment as lead plaintiff for a proposed class.
  • Pomerantz and Rosen say a class action has been filed, but they note no class has been certified and investors are not represented unless they retain counsel.
  • The complaints assert Fiserv masked weakness by moving Payeezy merchants onto Clover, temporarily inflating gross payment volume and revenue.
  • Rosen’s notice alleges many migrated merchants later left due to high pricing, downtime, and compatibility issues, contributing to GPV deceleration.
  • Pomerantz links company disclosures on April 24, May 15, and July 23, 2025—including lowered guidance and slower Merchant growth—to sharp stock declines.