11/14 Federman & Sherwood Announces Filing of Securities Class Action Lawsuit Against Paycom Software, Inc., Chad Richison and Craig Boelte
Oklahoma City, OK (November 14, 2023) – Federman & Sherwood announces that on November 10, 2023, a class action lawsuit was filed in the United States District Court for the Western District of Oklahoma against Paycom Software, Inc., Chad Richison and Craig Boelte (“Defendants”). The Complaint alleges that defendants throughout the Class Period, which is May 3, 2023 through November 1, 2023, made materially false and/or misleading statements and/or failed to disclose that: (1) Paycom’s Beit product led to cannibalization of the Paycom’s services and revenues; (2) Paycom knew but failed to disclose that Beti was leading to cannibalization of […]