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Cuomo Seeks Investigation Into Payroll Company's Shutdown

NY Gov. Andrew Cuomo
NY Gov. Andrew Cuomo

Governor Andrew Cuomo is calling on the New York State Department of Financial Services to investigate the sudden shutdown of a payroll company based in Saratoga County.

MyPayrollHR in Clifton Park closed its doors with little or no notice to its clients and employees.

In some cases, bank accounts of employees served by company fell into a negative balance.

Cuomo, a Democrat, said MyPayrollHR’s reckless behavior is “not how we do business in New York.”

The governor's entire statement is posted below:

"The sudden and unexplained shutdown of MyPayrollHR in Clifton Park is disturbing and completely unacceptable. Its reckless actions have left employees across the state and the nation with negative bank accounts and forced businesses who depend on its payroll services to scramble to find ways to compensate their employees.

 

"These businesses and workers deserve answers, and I am calling on the Department of Financial Services to investigate this irresponsible company's actions. This is not how we do business in New York, and we will not allow these bad actors to take money away from the hard-working people in this state."

 

The Governor encourages consumers who believe they may have been affected to file a complaint at www.dfs.ny.gov/complaint or call (212) 480-6400 or toll-free (800) 342-3736 (Monday through Friday, 8:30 AM to 4:30 PM).