ROSEN Law Firm Announces Deadline for PAYC Securities Class Action

ROSEN, a globally recognized law firm, reminds investors of Paycom Software, Inc. PAYC to secure legal representation before the imminent deadline in the securities class action initiated by the firm. This legal action addresses concerns that the company may have provided misleading business information to the investing public.

Understanding the Allegations

The lawsuit contends that Paycom, a leading provider of online payroll and HR technology, may have disseminated information to investors that was inaccurate and failed to disclose facts necessary to make the provided statements not misleading. This has legal implications as it pertains to the Securities Exchange Act of 1934. Filing parties suggest that this misinformation could have affected the decisions of investors regarding PAYC shares.

Importance of Legal Representation

Investors in Paycom Software are encouraged to contact a legal professional to represent their interests in the lawsuit before the stated deadline. ROSEN asserts its status as the originating firm in filing the class action and emphasizes the importance of choosing a skilled attorney to navigate this legal process. The firm seeks to ensure that those affected by the alleged misrepresentations can potentially recoup financial losses incurred from investing in PAYC stock.

Action Required by PAYC Investors

If you invested in Paycom software and wish to serve as a lead plaintiff, you must move the court no later than the specified deadline. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. The relevant securities laws allow investors who meet certain criteria to seek appointment as lead plaintiff. However, your ability to share in any recovery does not require that you serve as a lead plaintiff.

Rosen, Paycom, Deadline