Payroll Processing

A federal class action claims that when (nonparty) MyPayrollHR collapsed, allegedly due to fraud or embezzlement, defendant payroll processor Cachet Financial Services “wrongfully caused many millions of dollars to be withdrawn from the bank accounts of approximately <a href="http://www.courthousenews.com/wp-content/uploads/2019/09/Payroll-processing.pdf"><strong>250,000 employees nationwide</strong></a>,” to try to insulate itself from the fallout.

LOS ANGELES — A federal class action claims that when (nonparty) MyPayrollHR collapsed, allegedly due to fraud or embezzlement, defendant payroll processor Cachet Financial Services “wrongfully caused many millions of dollars to be withdrawn from the bank accounts of approximately 250,000 employees nationwide ,” to try to insulate itself from the fallout.

Categories / Employment

Subscribe to our free newsletters

Our weekly newsletter Closing Arguments offers the latest about ongoing trials, major litigation and rulings in courthouses around the U.S. and the world, while the monthly Under the Lights dishes the legal dirt from Hollywood, sports, Big Tech and the arts.