August 25, 2009

PAYCHEX INC: Has US$20.4 Mln in Litigation Reserves as of May 31

COMPANIES: Paychex Inc
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Paychex, Inc. disclosed in its latest annual report on Form 10-K filed with the U.S. Securities and Exchange Commission that its reserve for all pending litigation totaled US$20.4 million as of May 31, 2009, and is included in current liabilities…

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TOPICS: Commercial Services | Earnings | Legal Issues, Litigation | Loans & Financing | SEC-Qtrly, Annual Reports | Securities & Exch Comm, US
LOCATIONS: New York | United States