NEW YORK, Jan. 12, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Paycom Software, Inc. (NYSE:PAYC) on behalf of long-term stockholders following a class action complaint that was filed against Paycom on November 10, 2023 with a Class Period from February 9, 2022 to November 1, 2023. Our investigation concerns whether the board of directors of Paycom have breached their fiduciary duties to the company.
According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) Paycom's Beti product led to cannibalization of the Paycom's services and ...