PAYC · News · 20260804N

Litigation and Legal Risk

Paycom Software, Inc. · 2026-08-04 · Importance 18 · Surprise 24

Faruqi & Faruqi reminded Paycom investors about a federal securities class action alleging false or misleading statements concerning revenue growth, Beti’s effect on fees, and declining gross profit margins. The alleged loss period runs from February 9, 2022, through November 1, 2023. The law firm’s notice referenced a January 9, 2024 deadline for investors seeking appointment as lead plaintiff, indicating the reported matter relates to earlier litigation activity rather than a newly filed case.

Key facts

• Faruqi & Faruqi, LLP reminded investors who suffered losses exceeding $100,000 in Paycom securities between February 9, 2022, and November 1, 2023, about the January 9, 2024 deadline to seek the role of lead plaintiff in a federal securities class action lawsuit. source