Legal

Class Action Lawsuit Announced for Paycom Software, Inc. Shareholders with Lead Plaintiff Deadline on January 9, 2024

Published January 4, 2024

Legal Notice for PAYC Shareholders

The Gross Law Firm has issued a notification to investors who have purchased shares of Paycom Software, Inc. PAYC, an American provider of online payroll and human resources technology, headquartered in Oklahoma City, Oklahoma. A class-action lawsuit has been filed on behalf of the shareholders of PAYC regarding potential securities law violations.

Class Period and Lead Plaintiff Deadline

Shareholders who acquired PAYC shares during the designated class period and have been affected by the alleged misconduct are encouraged to get in touch with the Gross Law Firm. The lawsuit seeks to appoint a lead plaintiff to represent the class of investors, with a deadline set for January 9, 2024. As a lead plaintiff, the selected party will act on behalf of other class members in directing the litigation process.

Allegations and Potential Claims

The complaint alleges that Paycom Software, Inc. may have provided misleading business information to the investing public, leading to potential financial losses for shareholders. Those investors who believe they have a valid claim are advised to contact the law firm to discuss their legal rights and options. The class action aims to recover compensable damages on behalf of PAYC shareholders who were potentially misled by the company's alleged false and/or misleading statements.

Important Steps for PAYC Shareholders

Investors who purchased PAYC stock within the class period should be aware that there is a limited time to petition the court for lead plaintiff status. Shareholders are advised to act promptly to ensure their possible claims can be timely filed and represented. The Gross Law Firm is prepared to provide necessary information to PAYC shareholders on how to proceed with their claims.

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