Legal

Legal Notice: Class Action Lawsuit Filed Against Paycom Software, Inc.

Published December 26, 2023

New York-based law firm Bragar Eagel & Squire, P.C., notable for its focus on shareholders' rights, has issued a reminder to the investment community regarding the filing of a class action lawsuit targeting Paycom Software, Inc. PAYC, a prominent provider of online payroll and human resource technology headquartered in Oklahoma City, Oklahoma. The lawsuit has been lodged within the jurisdiction of the United States District Court.

Litigation Details

The class action suit alleges that PAYC engaged in business practices that were potentially misleading to investors and violated federal securities laws. Bragar Eagel & Squire, P.C. is currently urging PAYC shareholders who have been affected by the company’s actions to get in touch with the firm to learn more about their legal rights and options.

Impact on Shareholders

Investors in PAYC who have incurred losses due to the company’s alleged impropriety, particularly those who invested during a specified period outlined in the lawsuit, are the primary focus of the current legal proceedings. The reminder from Bragar Eagel & Squire serves as a crucial prompt for potential class members to assert their rights and seek retribution for any damages they may have suffered.

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