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Paycom Software Inc – PAYC: An undisclosed SEC investigation is again confirmed. The first Freedom of Information Act (FOIA) response indicating SEC investigation was dated 17-Aug-2018. On-going enforcement proceedings confirmed on appeal two times since, most recently on 21-May-2019. For this reason, Paycom Software Inc. remains on our Watch List of companies with confirmed, undisclosed SEC investigations.
Clients are invited to contact us anytime, in total confidence, to discuss how to better assess the risks we identify here.
Note: New SEC investigative activity could theoretically begin or end after the date covered by this latest information which would not be reflected here.