ROSEN Law Firm Files Securities Class Action Lawsuit Against Paycom Software, Inc.

NEW YORK, Nov. 13, 2023 - The Rosen Law Firm, a preeminent global investor rights law firm, has initiated a class action lawsuit representing shareholders of Paycom Software, Inc. PAYC. This suit has been filed on behalf of investors who purchased Paycom securities between May 3, 2023, and November 1, 2023, inclusive of these dates. The litigation is focused on whether Paycom Software, Inc., a prominent provider of online payroll and human resource technology headquartered in Oklahoma City, disclosed all pertinent information to investors and conducted business in compliance with federal securities laws.

Legal Recourse for Affected Paycom Shareholders

Investors of Paycom Software, Inc. PAYC who have incurred financial losses due to the alleged misrepresentation of company affairs are encouraged to secure legal counsel promptly. The deadline for application to be appointed as a lead plaintiff is an important date that should not be missed. Those with substantial monetary interests in the case may wish to seek a more active role in the litigation as lead plaintiffs. The Rosen Law Firm is extending its services to represent investors who meet the criteria and are looking to recover their investment losses.

About Paycom Software, Inc.

Known for its advanced online payroll and HR technology solutions, Paycom Software, Inc. supports businesses with efficient management of employee data. Its software streamlines various human capital management processes, including hiring, time tracking, and payroll management - all accessible through an easy-to-use cloud-based platform. In operating within the FinTech industry, Paycom Software, Inc. plays a vital role in modernizing how companies handle their workforce administration.

Potential Impact on Investors

The announcement of the lawsuit may have ramifications on Paycom's stock performance and investor confidence. Investors who have suffered losses during the specified period due to potential misrepresentations or omissions of the truth in Paycom's public disclosures are urged to come forward before the lead plaintiff deadline. The outcome of the litigation could have significant financial implications for both the company and its shareholders.

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