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Friday, April 13 2018

Payroll Service Fraud Cases Trending

FBI: Kalida woman stole $914,000 from payroll clients

Lima Ohio

DELPHOS — The owner of a Delphos payroll company faces seven federal counts of bank fraud after allegedly stealing more than $900,000 from her clients, according to a press release from the U.S Attorney's Office for the Northern District of Ohio. Jennifer Edelbrock, 51, of Kalida, operated Edelbrock 

Internal Payroll Issues/Cases Trending

Former Jordan Health Center manager alleges she was fired for reporting possible fraud

Rochester Democrat and Chronicle

Frarey said she was alerted to the fraud by another Jordan Health Center worker. Frarey's investigation of payroll records and an interview with a payroll clerk confirmed that the money had been routed through payroll deposit into the center employee's personal checking account, the lawsuit alleges

Industry Articles Trending

Wurk Raises Funds For Legal Marijuana Payroll Tech

PYMNTS.com

The company provides its customers with legal payroll services to link them to the financial services space. ... “As the industry continues to grow, companies in the space need legitimate HR infrastructure to protect what they've built and set themselves up for growth and enable future expansion

Asure Software has acquired Wells Fargo Payroll Services arm

HR Technologist

Asure Software, the HCM and workplace management software solutions provider, has announced the takeover of Wells Fargo Payroll Services' Evolution HCM's customer portfolio. Wells Fargo's Evolution HCM payroll platform customers will be transferred to Asure Software, for all payroll servicing ...

CBIZ acquires second local consulting firm in past 9 months

Philadelphia Business Journal

CBIZ has completed its second local acquisition in the past nine months, buying the assets of pension and investment consulting firm InR Advisory Services. Financial terms were not disclosed. InR, based in Media, provides investment advisory services for public and private sector clients and nonprofit 

PurelyTracking Adds New Payroll Feature to its Flagship Solution

HR Technologist

This new feature will help offer a smarter approach towards payroll processing. Further ... "Payroll is one of the key elements of a company and with PurelyTracking offering a complete HR solution, we added the Payroll and HR Integration with ADP, QuickBooks and Paychex being the main software.".

Paycor Wraps Inaugural HR Center of Excellence Web SummitFirst Ever Three-Day Web Summit ...

Markets Insider

Paycor Wraps Inaugural HR Center of Excellence Web SummitFirst Ever Three-Day Web Summit Discussed HR Trends, Topics and Insights with More Than 4,500 HR ... Robin Throckmorton, MA, SPHR, SCP, shared tips for how to attract and keep Millennial talent, addressing questions such as:.

Financial News Trending

Automatic Data Processing Inc. (ADP) Dips 3.24% for April 06

Equities.com

Among the S&P 500's biggest fallers on Friday April 06 was Automatic Data Processing Inc. (ADP). The stock experienced a 3.24% decline to $113.70 with 2.28 million shares changing hands. Automatic Data Processing Inc. started at an opening price of 116.41 and hit a high of $116.88 and a low of 

First Analysis Increases Paylocity (NASDAQ:PCTY) Price Target to $65.00

The Ledger Gazette

Zacks Investment Research raised shares of Paylocity from a hold rating to a buy rating and set a $53.00 price target on the stock in a research note on Tuesday, January 2nd. BidaskClub upgraded shares of Paylocity from a sell rating to a hold rating in a report on Tuesday, December 19th. TheStreet ...

Paycom (PAYC) Price Target Raised to $125.00

Macon Daily

Paycom logo Paycom (NYSE:PAYC) had its price target boosted by analysts at Dougherty & Co from $100.00 to $125.00 in a research note issued on Monday, Marketbeat reports. The firm currently has a “buy” rating on the software maker's stock. Dougherty & Co's target price indicates a potential 

How Long Will These 2 Stocks Remain Hot? – Paylocity Holding Corporation (PCTY), Electro ...

Analyst Journal

Paylocity Holding Corporation (NASDAQ:PCTY) shares ended at $53.61 with 0.2 mln shares exchanging hands. That puts the market capitalization at $2.88 bln. It opened the session with a $52.28 price tag, later ranging from $52.06 to $53.83, the range at which the stock has traded at throughout the

ADP Pleases Investors With 10% Dividend Hike, Tax Cut A Boon

Nasdaq

Notably, ADP is confident on its growth potential, which increases the possibility of an additional increase in shareholder value. It looks strong on the back of strategic acquisitions and business moves. The company is focused on streamlining its business to strengthen core operations in the long run

Paycom Downgraded As Results Don't Keep Pace With Stock Gains

Investor's Business Daily

The enterprise software provider has expanded its direct sales strategy by adding regional offices. That has enabled the company to gain market share for small- and medium-sized business customers vs. service bureaus Automatic Data Processing (ADP) and Paychex (PAYX). Paycom also has better

Analysts See $0.31 EPS for Paylocity Holding (PCTY); Enzo Biochem ($0.01 Par Value) (ENZ ... - MTA Star

EPS for Paycom Software, Inc. (PAYC) Expected At $0.78; Oak Ridge Investments Has Lowered ...

San Times

Analysts expect Paycom Software, Inc. (NYSE:PAYC) to report $0.78 EPS on May, 1.They anticipate $0.34 EPS change or 77.27% from last quarter's $0.44 EPS. PAYC's profit would be $46.07M giving it 35.98 P/E if the $0.78 EPS is correct. After having $0.24 EPS previously, Paycom Software, Inc.'s

EPS for CBIZ, Inc. (CBZ) Expected At $0.57; Vanguard Group Cut Monotype Imaging Holdings In ...

UtahHerald.com

Analysts expect CBIZ, Inc. (NYSE:CBZ) to report $0.57 EPS on April, 26.They anticipate $0.12 EPS change or 26.67% from last quarter's $0.45 EPS. CBZ's profit would be $31.09 million giving it 8.11 P/E if the $0.57 EPS is correct. After having $0.04 EPS previously, CBIZ, Inc.'s analysts see 1,325.00%

$1.46 EPS Expected for Automatic Data Processing, Inc. (ADP); Capstone Investment Advisors ...

Key Gazette

Analysts expect Automatic Data Processing, Inc. (NASDAQ:ADP) to report $1.46 EPS on May, 2.They anticipate $0.15 EPS change or 11.45% from last quarter's $1.31 EPS. ADP's profit would be $647.18M giving it 19.93 P/E if the $1.46 EPS is correct. After having $0.99 EPS previously, Automatic Data

Insider Selling/Buying News Trending

Jeffrey D. York Sells 50,000 Shares of Paycom (NYSE:PAYC) Stock – StockNewsTimes

Paylocity Holding (NASDAQ:PCTY) Director Acquires $74,395.80 in Stock

The Ledger Gazette

Paylocity logo Paylocity Holding (NASDAQ:PCTY) Director Ellen Carnahan bought 1,380 shares of Paylocity stock in a transaction that occurred on Friday, March 16th. The stock was bought at an average price of $53.91 per share, with a total value of $74,395.80.

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Posted by: SellMorePayroll.com AT 08:15 am   |  Permalink   |  Email
Friday, April 06 2018

Payroll Service Fraud Cases Trending

FBI, Monterey County District Attorney create new financial crime task force

The Salinas Californian

Just earlier this month, John McEwan pleaded guilty to fraud charges related to his Monterey-based payroll company Pinnacle Workforce Solutions. McEwan was charged with wire fraud based on evidence he illegally diverted client money to cover Pinnacle operating expenses, according to the FBI

Internal Payroll Issues/Cases Trending

Payroll worker charged with fraud after Vaughan company loses $395000

CTV News

A payroll technician who worked in Vaughan has been charged with fraud after allegedly spending two years amassing approximately $395,000 in false pay. York Regional Police allege that between June 26, 2015 and July 7, 2017 a suspect re-activated a former employee's payroll and changed the 

Texas Landscape Firm Must Pay $400K in Workers' Comp Fraud Case

Insurance Journal

A Pflugerville, Texas, landscape company pleaded guilty March 21 to misrepresenting its payroll so it could pay less for workers' compensation coverage, according to the Texas Department of Insurance. Jammers Groundscapes entered the plea in a Travis County District Court and was ordered to pay 

$464000 Fraud Scheme Hits Solon Company, County Prosecutor Says

Patch.com

Sharon also allegedly wrote fraudulent payroll checks to her son, totaling more than $37,000. "The Glenwillow Police Department's extensive investigation with my offices Economic Crime Unit uncovered this nearly half-million dollar fraud," said Prosecutor O'Malley in a press release. "This greedy family

Industry Articles Trending

PurelyTracking Announce a Complete Payroll HR Software Integration Solution

openPR (press release)

SCOTCH PLAINS, N.J. - April 2, 2018 - After launching a comprehensive Human Resource and client management software solution, PurelyTracking announced its Payroll Integration feature. The all-new feature aims to provide the easiest and best way of processing payroll. It will further help HR

Asure Software to buy Wells Fargo's payroll assets

Verdict

Asure Software, a Texas-based firm offering human capital management (HCM) and workplace management solutions, has agreed to take over Wells Fargo Business Payroll Services' Evolution human capital management (HCM) customer portfolio. Evolution HCM is an integrated payroll, HR, and tax

CBIZ acquires InR Advisory Services of Pennsylvania, marks second deal in 2018

Crain's Cleveland Business

Cleveland-based business services firm CBIZ Inc. has acquired pension and investment consulting services firm InR Advisory Services LLC of Media, Pa. Terms of the deal, effective April 1, were not disclosed. The acquisition is CBIZ's second so far this year. InR provides its investment advisory services 

Paycor Wraps Inaugural HR Center of Excellence Web Summit

GlobeNewswire (press release)

CINCINNATI, April 05, 2018 (GLOBE NEWSWIRE) -- Human Capital Management company Paycor concluded its HR Center of Excellence Web Summit. Based on demand following previous Web Summits, Paycor expanded its summit format to three days for the first time ever, resulting in a record of 

Ackman Needs A Big Win At ADP or Another Target To Stop the Bleeding

TheStreet.com

It also is likely why he cut his stake in ADP to 7.2% from 8.3% for "portfolio management purposes." Ackman lost a high-profile proxy fight at the payroll processor in 2017 but said he would be back this year with another campaign if the situation doesn't improve dramatically. He had sought three seats on ...

Financial News Trending

Paycom (NYSE:PAYC) Price Target Raised to $120.00

The Ledger Gazette

Paycom logo Paycom (NYSE:PAYC) had its price target boosted by Oppenheimer from $98.00 to $120.00 in a research report sent to investors on Tuesday, March 27th. The brokerage currently has an outperform rating on the software maker's stock. Several other brokerages have also recently issued 

Motley Fool Asset Management Has Increased By $1.20 Million Its Paycom Software (PAYC ...

MTA Star

Motley Fool Asset Management Llc increased Paycom Software Inc (PAYC) stake by 10.14% reported in 2017Q4 SEC filing. Motley Fool Asset Management Llc acquired 15,000 shares as Paycom Software Inc (PAYC)'s stock rose 33.33%. The Motley Fool Asset Management Llc holds 163,000 shares ...

Paychex, Inc. (PAYX) expected to achieve 8.00% earnings growth for this year

Wallstreet Investorplace

Paychex, Inc. (PAYX) predicted to achieve earnings per share (EPS) growth of 8.00% for this year while EPS growth expected to touch 11.91% for next year. The company reported EPS (ttm) of 2.33. Take a view on its long-term annual earnings per share (EPS) growth rate which is suggested by Analyst 

Paychex, Inc. Stock Is the Clear Choice in Payroll Services

Nasdaq

The job market is seeing 2.7% wage growth, slightly below where it had been in the past. Paychex CEO Marty Mucci said in a recent interview that the economy is in a "steady state of business formation" and that job growth remains "steady and sustainable." This positions PAYX profit levels to continue

3 Stocks I'll Buy in a Stock Market Crash

Madison.com

Richison called his new company Paycom Software, and he has been wresting away market share from the big players ever since. His solution was to put the software in the cloud so that human resource managers wouldn't have to hassle with updates or technical issues. He also added a variety of 

EPS for CBIZ, Inc. (CBZ) Expected At $0.57

KL Daily

CBIZ, Inc. (NYSE:CBZ) Logo Investors sentiment decreased to 1.5 in Q4 2017. Its down 0.32, from 1.82 in 2017Q3. It dived, as 9 investors sold CBIZ, Inc. shares while 39 reduced holdings. 25 funds opened positions while 47 raised stakes. 46.09 million shares or 0.07% more from 46.06 million shares in

Insider Selling/Buying News Trending

Insider Buying: Paylocity Holding Corp (PCTY) Director Acquires 1380 Shares of Stock – StockNewsTimes

Paylocity Holding Corp (PCTY) Insider Mark S. Kinsey Sells 3200 Shares

StockNewsTimes

Paylocity logo Paylocity Holding Corp (NASDAQ:PCTY) insider Mark S. Kinsey sold 3,200 shares of the company's stock in a transaction dated Monday, March 12th. The stock was sold at an average price of $54.44, for a total transaction of $174,208.00. The transaction was disclosed in a legal filing with ...

Insider Selling: Paychex (PAYX) Insider Sells $6,779,300.00 in Stock

Macon Daily

Paychex logo Paychex (NASDAQ:PAYX) insider Michael E. Gioja sold 110,000 shares of Paychex stock in a transaction on Thursday, March 29th. The shares were sold at an average price of $61.63, for a total value of $6,779,300.00. Following the sale, the insider now directly owns 170,974 shares of

Paylocity Holding Corp (NASDAQ:PCTY) CEO Sells $1,500,600.00 in Stock - Week Herald

Paycom (PAYC) Director Sells $2,008,312.50 in Stock

StockNewsTimes

Paycom logo Paycom (NYSE:PAYC) Director Robert J. Levenson sold 18,750 shares of the business's stock in a transaction that occurred on Wednesday, March 7th. The shares were sold at an average price of $107.11, for a total value of $2,008,312.50. The transaction was disclosed in a legal filing 

Posted by: SellMorePayroll.com AT 08:36 am   |  Permalink   |  Email
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