5 frequently asked questions about the paycom lawsuit

If you suffered losses in Paycom stock, contact Paycom stock loss lawyer Timothy L. Miles about a Paycom lawsuit

introduction to the paycom lawsuit

Call a Paycom Stock Loss Lawyer about a Paycom class action lawsuit

​The Paycom lawsuit, captioned Ventrillo v. Paycom Software, Inc., No. 23-cv-01019 (W.D. Okla.), was filed in the Western District of Oklahoma and charges Paycom and certain of its top executive officers with violations of the​​ Securities Exchange Act of 1934.
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If you suffered losses in Paycom stock and wish to serve as lead plaintiff in the Paycom lawsuit, please contact Paycom Stock Loss Lawyer Timothy L. Miles by calling 855/846-6529 or via e-mail at [email protected] or by submitting a contact form. 

Lead plaintiff motions for the Paycom lawsuit must be filed with the court no later than January 16, 2024.

Read on for answers to five frequently asked questions from Paycom investors about the Paycom lawsuit.

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WHAT IS THE LEAD PLAINTIFF DEADLINE IN THE PAYCOM LAWSUIT?

​When a securities class action is filed such as the Paycom lawsuit, the person who files the first complaint is required to publish a notice announcing the filing. Anyone who wants to be lead plaintiff on behalf of the class in the Paycom lawsuit must thereafter file a motion to be appointed as lead plaintiff(s) no later than 60 days after the notice was published. 

WHAT IS THE LEAD PLAINTIFF PROCESS IN THE PAYCOM LAWSUIT?

The Private Securities Litigation Reform Act of 1995 permits any investor who purchased and suffered losses in Paycom stock to seek appointment as lead plaintiff in the Paycom lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. 
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​A lead plaintiff acts on behalf of all other class members in directing the class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the securities class action lawsuit.  An investor’s ability to share in any potential future recovery of the class action lawsuit is not dependent upon serving as lead plaintiff. If you suffered losses in Paycom stock and have further questions, contact Paycom stock loss Lawyer Timothy L. Miles today who would fight to recover your damages in a Paycom lawsuit if you suffered losses in Paycom stock.

CAN I BE APPOINTED LEAD PLAINTIFF IN THE PAYCOM LAWSUIT IF I PURCHASED SHARES OUTSIDE OF THE CLASS PERIOD?

No.  Even if you suffered losses in Paycom​​ stock, if you purchased securities outside of the Class period, you will not be able to participate in the Paycom lawsuit.​

WILL THE LEAD PLAINTIFFS GET MORE MONEY THAN CLASS MEMBERS IF THE PAYCOM LAWSUIT SETTLES?

​No, but they may be entitled to recover their reasonable expenses incurred with are directly related to representing the class in the Paycom lawsuit. Under the Private Securities Litigation Reform Act of 1995, a Lead Plaintiff is only entitled to his or her pro rata share of any recovery and does not receive any additional money for serving as a representative party on behalf of the class.  However, a court, in its discretion, may approve an award of “reasonable costs and expenses (including lost wages)” to a Lead Plaintiff that directly relates to the representation of the class in the Paycom lawsuit on behalf of investors who suffered losses in Paycom stock. 

CAN I BE LEAD PLAINTIFF IN THE PAYCOM LAWSUIT IF I AM LEAD PLAINTIFF IN ANOTHER CASE?

​​Yes, unless you have been a lead plaintiff in more than five securities class actions during any three-year period which is expressly prohibited by the securities laws. Otherwise, if you suffered losses in Paycom stock, you may move to be appointed lead plaintiff in the Paycom lawsuit.

CONTACT A PAYCOM STOCK LOSS LAWYER TODAY IF YOU SUFFERED LOSSES IN PAYCOM STOCK ABOUT A PAYCOM LAWSUIT

If you suffered losses in Paycom stock, contact Paycom stock loss lawyer Timothy L. Miles today for a free case evaluation about a Paycom lawsuit. Call today and see what a Paycom stock loss lawyer could do for you if you suffered losses in Paycom stock.

Paycom stock loss lawyer Timothy L. Miles

Nashville attorney Timothy L. Miles is a nationally recognized shareholder rights attorney raised in Nashville, Tennessee. Mr. Miles has dedicated his career to representing shareholders, employees, and consumers in complex class-action litigation. Whether serving as lead, co-lead, or liaison counsel, Mr. Miles has helped recover hundreds of millions of dollars for defrauded investors,  shaped precedent-setting decisions, and delivered real corporate governance reforms. Judges and peers have repeatedly recognized Mr. Miles’ relentless advocacy for the underdog, as well as his unbendable ethical standards. Mr. Miles was recently selected by Martindale-Hubbell® and ALM as a 2022 Top Ranked Lawyer, 2022 Top Rated Litigator. and a 2022 Elite Lawyer ofthe South. Mr. Miles also maintains the AV Preeminent Rating by Martindale-Hubbell®, their highest rating for both legal ability and ethics. Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association,​Class Action:  Class Action: Top National Trial Lawyers, National Trial Lawyers Association (2023), a superb rated attorney by Avvo, a recipient of the Lifetime Achievement Award by Premier Lawyers of America (2019) and recognized as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019); a Top Rated Litigator by Martindale-Hubbell® and ALM  (2019-2022); America’s Most Honored Lawyers 2020 – Top 1% by America’s Most Honored (2020-2022).  Mr. Miles has published over sixty articles on various issues of the law, including class actions, whistleblower cases, products liability, civil procedure, derivative actions, corporate takeover litigation, corporate formation, mass torts, dangerous drugs, and more.  Please visit our website or call for free anytime.

CONTACT                                                      
The Law Offices of Timothy L. Miles
Tapestry at Brentwood Town Center
​300 Centerview Dr., #247
Brentwood, TN 37027
​​Phone: (855) 846-6529
​Email: [email protected]