An investigation for investors in NASDAQ:PCTY was announced over potential breaches of fiduciary duties by certain directors at Paylocity Holding.
Investors who purchased shares of Paylocity Holding Corp (NASDAQ:PCTY) and currently hold any of those NASDAQ:PCTY shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm concerns whether certain Paylocity Holding officers and directors breached their fiduciary duties.
Arlington Heights, IL based Paylocity Holding Corporation is a cloud-based provider of payroll and human capital management (HCM), software solutions for medium-sized organizations. Shares of Paylocity Holding Corp (NASDAQ:PCTY) grew from $19.19 per share in August 2014 to as high as $44.46 per share in November 2015. Since then NASDAQ:PCTY shares lost substantial value. In fact, shares of Paylocity Holding Corp declined to as low as $24.00 per share on February 11, 2016.
On February 19, 2016, NASDAQ:PCTY shares closed at $28.69 per share.
Those who purchased NASDAQ:PCTY shares have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com