Paychex Won't Appeal $26 Million Judgment
- Thursday, 25 March 2010
- News
Paychex will not appeal a judge's decision that upheld a two-year-old jury verdict involving its 2001 decision to stop supporting the payroll processing software of Rapid Payroll, a company that Paychex had acquired in 1996. In a suit brought by a Rapid Payroll licensee, the company will pay $15 million in compensatory damages and $11 million in punitive damages awarded by the jury.
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