MIRAMAR, Fla.  - CompuPay, a payroll services company that has been in a growth mode, has received a $20 million equity investment from its majority shareholder, Willis Stein & Partners, a Chicago-based investment firm.

Read more...

An arbitration panel has issued a ruling regarding the negotiations between RSM McGladrey, the H&R Block subsidiary, and McGladrey & Pullen over the latter's decision earlier this year to end its alternative practice arrangement with the Block unit. While the findings remain confidential, Block's president and CEO Russell Smyth expressed optimism that talks with the accounting firm would allow their relationship to continue.

One in 20 job applicants subject to a background check in 2008 had a criminal record in the prior seven years, according to the results of the Twelfth Annual ADP Screening Index. The findings were based on more than 1.7 million criminal background checks. Automatic Data Processing also found that 9 percent of nearly 5.5 million background checks performed last year found an adverse record such as criminal history or credit and driving records.