Press release
Investigation announced for Investors who lost money with shares of Dayforce Inc (NYSE: DAY)
An investigation for investors in Dayforce Inc (NYSE: DAY) shares over potential securities laws violations by Dayforce Inc
Investors who purchased shares of Dayforce Inc (NYSE: DAY), 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 focuses on whether a series of statements by Dayforce Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Minneapolis, MN based Dayforce Inc., together with its subsidiaries, operates as a human capital management (HCM) software company in the United States, Canada, and internationally. Dayforce Inc reported that its annual Total Revenue rose from over $1.24 billion in 2022 to over $1.151 billion in 2023, and that its Net Loss of $73.4 million in 2022 turned to a Net Income of $54.8 million in 2023.
On April 4, 2024, Dayforce Inc was the subject of a report published by Blue Orca Capital. The report alleges that the Company "engages in highly aggressive revenue recognition and accounting maneuvers to inappropriately pull forward revenues and inflate profits." The report continues, "Dayforce is plagued by worst-in-class GAAP gross margins, yet its stock trades at an unjustified 25%+ premium above other human capital management companies, likely because of a latticework of misperceptions created around the Company's business and true profitability." The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. To obtain additional information, go to:
Shares of Dayforce Inc (NYSE: DAY) declined from $75.53 per share in September 12, 2023 to $47.08 per share on July 09, 2024.
Those who purchased shares of Dayforce Inc (NYSE: DAY) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Investigation announced for Investors who lost money with shares of Dayforce Inc (NYSE: DAY) here
News-ID: 3644398 • Views: …
More Releases from Shareholders Foundation
Investigation announced for Investors who lost money with shares of Domino's Piz …
An investigation was announced for investors of Domino's Pizza, Inc. (NYSE: DPZ) shares over potential securities laws violations by Domino's Pizza, Inc.
Investors who purchased shares of Domino's Pizza, Inc. (NYSE: DPZ), 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 focuses on possible claims on behalf of purchasers of the securities of Domino's Pizza, Inc. (NYSE: DPZ)…
Investigation announced for Long-Term Investors in shares of Ocugen, Inc. (NASDA …
An investigation was announced over potential breaches of fiduciary duties by certain directors and officers of Ocugen, Inc.
Investors who are current long term investors in Ocugen, Inc. (NASDAQ: OCGN) 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 for current long term investors in NASDAQ: OCGN stocks follows a lawsuit filed against Ocugen, Inc. over alleged…
Investigation announced for Investors who lost money with shares of Dril-Quip, I …
An investigation was announced for investors of Dril-Quip, Inc. (NYSE: DRQ) shares over potential securities laws violations by Dril-Quip, Inc.
Investors who purchased shares of Dril-Quip, Inc. (NYSE: DRQ), 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 focuses on possible claims on behalf of purchasers of the securities of Dril-Quip, Inc. (NYSE: DRQ) concerning whether a series…
Investigation announced for Investors in shares of Xiao-I Corporation (NASDAQ: A …
An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Xiao-I Corporation.
Investors who purchased shares of Xiao-I Corporation (NASDAQ: AIXI) 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 Xiao-I Corporation directors breached their fiduciary duties and caused damage to the company and its shareholders.
China based Xiao-I Corporation,…
More Releases for Dayforce
Multi-Country Payroll Software Market Size 2022 - ADP, Ceridian Dayforce, Workda …
The Multi-Country Payroll Software Market research report offers a market overview along with current market dynamics, trends, and developments. It also provides market CAGR, revenue value, volume, and forecast. Furthermore, the research study categorizes the market by volume, revenue, and price history to the projected size and trend analysis by identifying the opportunities and gaps. Moreover, the report also offers a regional breakdown covering vital regions like North America, South…
Payroll Management System Market Global Trends with Rising Awareness by- ADP Wor …
The latest market analysis report on the Payroll Management System Market performs industry diagnostic as a way to accumulate valuable data into the business environment of the Payroll Management System Market for the forecast period 2020 – 2028. The subject matter experts behind the research have collected vital statistics on the market share, size, and growth as a way to help stakeholders, business owners and field marketing personnel identify the…
Multicountry Payroll Solutions Market Will Hit Big Revenues In Future | Ceridian …
Multi-country payroll software manages payroll processing activities across multiple countries. These solutions are used to create and implement payroll processing rules for numerous countries. Multi-country payroll also helps companies comply with internal policies and national or international regulations regarding payroll. HR departments of multinational companies usually implement multi-country payroll software to improve the accuracy of payroll across the company. Multi-country payroll can be deployed as part of a human capital…
Payroll Management Software Market 2027 | ADPWorkforce, Dayforce, Sage, Xero, Kr …
Payroll Management Software Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis.
Ask…
HR Payroll Management Software Market By Top Key Players Dayforce, Sage,Xero ,Kr …
HR Payroll Software describes the payroll software in which the company will pay the salary to the employee for the work that they have completed. It consists of bonus payment, benefit deduction, vacation leaves, salary hikes, recruitment, and firing employees, checklist driven payroll processing in under a minute, accurate reconciliation tools, generate and distribute pay slips with a single click, highly configurable claims module with expenses and reimbursement workflow. Payroll…
Payroll Management Software Market to Observe Strong Development by 2023| Key Pl …
HTF MI released a new market study on Global Payroll Management Software Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides…
