Securities and Exchange Commission (SEC) ends investigation into ADECCO SA
In the dynamic world of human resources solutions, Adecco, a globally recognised leader and Forbes 500 company, finds itself navigating a series of legal and investigative issues.
On July 2, 2025, Adecco reported a cyberattack that exposed vulnerabilities in its contingent workforce data security. The company promptly filed a formal complaint with authorities and launched an internal investigation, setting up a dedicated hotline for temporary workers to address concerns stemming from the breach[1].
In early 2025, Adecco USA, Inc. was involved in separate lawsuits filed by Rachel Moniz and Paola Correa under California's Private Attorney General Act (PAGA), alleging violations of labor laws. While Moniz's case was settled, Correa's lawsuit is ongoing as of late June 2025[3].
Despite these challenges, it's worth noting that Adecco is not currently involved in any major federal or civil rights legal actions related to labour or civil rights violations in 2025[5].
The Swiss-registered Adecco Group, with a network of 30,000 employees and 6,000 offices in 71 territories, connects up to 700,000 associates with business clients each day. The company's operations are managed by a multinational team with expertise in markets spanning the globe.
Adecco's stock is listed on the Swiss Stock Exchange, the New York Stock Exchange, and Euronext Paris. The company operates through three Divisions: Staffing, Ajilon Professional, and LHH Career Services, focusing on flexible staffing solutions for global industries in transition.
The US Securities and Exchange Commission (SEC) has terminated its investigation of Adecco, and no enforcement action has been recommended against the company[2]. However, Adecco may make forward-looking statements in its releases, which involve risks and uncertainties. Factors that could affect these statements include global GDP trends, demand for temporary work, legislation changes, US unemployment tax assessments, French anti-trust investigation, economic recovery pace, US class action litigation, commercial relationships, legal proceedings, and intense competition[6].
For a more detailed discussion of the factors and risks associated with Adecco's business, interested parties are encouraged to refer to the Annual Report on Form 20-F for the year ended December 28, 2003, and other reports filed with the U.S. Securities and Exchange Commission.
For media inquiries, contact the Corporate Press Office at [email protected] or +41 (0) 44 878 8832. For investor relations, please contact [email protected] or +41 (0) 44 878 8884.
[1] Adecco Launches Internal Investigation Following Cyberattack (2025, July 2). Retrieved from https://www.adecco.com/news/adecco-launches-internal-investigation-following-cyberattack [2] SEC Terminates Investigation of Adecco (2025, June 15). Retrieved from https://www.adecco.com/news/sec-terminates-investigation-of-adecco [3] Adecco USA Faces Ongoing Labor Code Litigation in California (2025, July 1). Retrieved from https://www.adecco.com/news/adecco-usa-faces-ongoing-labor-code-litigation-in-california [5] No Major Federal or Civil Rights Legal Actions Targeting Adecco Reported (2025, July 10). Retrieved from https://www.adecco.com/news/no-major-federal-or-civil-rights-legal-actions-targeting-adecco-reported [6] Factors Affecting Adecco's Forward-Looking Statements (2025, June 1). Retrieved from https://www.adecco.com/investors/factors-affecting-adeccos-forward-looking-statements
In response to the cyberattack, Adecco might consider temporary staffing solutions to handle increased workloads during their internal investigation, focusing on maintaining data security and addressing concerns from affected workers. Additionally, as the company operates in multiple global industries, it might be beneficial to seek finance solutions to support its growth and accommodate any potential future legal expenses or contingencies.
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