Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Join the Exela Technologies team See Our Latest Jobs 5.0 Current Employee, more than 3 years Best place I have ever worked! Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock's existing status and the future performance. This compares to loss of $4.60 per share a year ago. Click to get this free reportExela Technologies, Inc. (XELA) : Free Stock Analysis ReportWaterdrop Inc. Unsponsored ADR (WDH) : Free Stock Analysis ReportTo read this article on Zacks.com click here. Looking at the most recent complaint as a whole, the investors have pleaded with the required degree of particularity that defendants acted at least with severe recklessness when misrepresenting that Exela had 90% revenue visibility, the opinion said. All net proceeds will go directly to supporting the Dian Fossey Gorilla Fund. Exela Technologies Signs Strategic Partnership with Quintes Global. Direct manager was great! We, Yahoo, are part of the Yahoo family of brands. Revolutionizing Human Resource Management. Sierra Jackson reports on legal matters in major mergers and acquisitions, including deal work, litigation and regulatory changes. On December 19, 2022, the SEC announced a settled enforcement action against Exela Technologies, Inc, for accounting, financial reporting and controls deficiencies, including its failure to properly account for and report exposure to a shareholder lawsuit and to . It is not intended as legal advice and should not be relied upon. Exclusive: U.S. energy chief warns Republicans that oil bill would raise pump prices, FTX reports $415 mln in hacked crypto, Bankman-Fried says FTX US is solvent, Shell unit to acquire EV charging firm Volta for about $169 mln. I have worked for the company for several years and received multiple promotions. This compares to year-ago revenues of $279.23 million. Good time off benefits, ability to transfer to multiple locations, You have to beg for raise , hard to find opportunities to move up in company. Investors say they're owed more than $62 million for appraisal judgment A group of investors have again sued affiliates of Exela Technologies Inc in Delaware to recoup an unpaid 2020 appraisal. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. Information about your device and internet connection, like your IP address, Browsing and search activity while using Yahoo websites and apps. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Exela Technologies (NASDAQ: XELA) made headlines on April 11 when it decided to cancel scheduled voting on a reverse stock split. Exela Technologies, Inc. IRVING, Texas, June 25, 2021 (GLOBE NEWSWIRE) -- Exela Technologies, Inc.(Exela or the Company) (NASDAQ:XELA), a global business process automation (BPA) leader, today announced that U.S. District Judge Sydney A. Fitzwater has granted Exelasmotion to dismiss in its entirety the Texas federal securities class action suit filed March 2020. Security Policy | Terms of Service | Privacy Policy | Report Abuse, NASDAQ:XELA Investor Notice: Update in Lawsuit Against Exela Technologies, Inc. Thanks for taking the time to let us know what you think. Read More. Exela Smart Office is a suite of interconnected workplace technologies and services. Announced, Copyright 2005 - 2023 - SBWire, a service of ReleaseWire LLC. Industry Exela Technologies are global leaders in digital transformation and business optimization, Exela delivers technology and data-driven innovation for bu. When the market learned the truth about Exela, investors suffered damages. Investigating Securities Claims on Behalf of XELA Investors Who Suffered Losses The Shareholders Foundation, Inc. is not a law firm. Thank you for your positive comments. EXELA TECHNOLOGIES, INC. : Fundamental Analysis and Financial Ratings | XELA | US30162V7064 | MarketScreener Homepage Equities United States Nasdaq Exela Technologies, Inc. Ratings XELA US30162V7064 EXELA TECHNOLOGIES, INC. (XELA) Add to my list Report Summary Quotes Charts News Ratings Calendar Company Financials Consensus Revisions Funds If fractional shares, please round to the nearest whole number. We are glad you took the time to share your experience. Exela Technologies India Private Limited's Corporate Identification Number is (CIN) U64202MH1999PTC119911 and its registration number is 119911.Its Email address is [email protected] and its registered address is TOWER-341 FLOOR NO 4INTERNATIONAL INFOTECH PARK VASHI RAILWAY STATION MUMBAI MH 400705 IN . Presently, Exela Technologies Inc. shares are logging -99.55% during the 52-week period from high price, and -7.54% . The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Exelawhich merged with Novitex Holdings Inc. in 2017may be liable under the Employee Retirement Income Security Act for allowing the Novitex 401(k) plan to offer retail share class investments, when identical investments were allegedly available at lower cost, Judge Dominic J. Squatrito ruled. A group of investors have again sued affiliates of Exela Technologies Inc in Delaware to recoup an unpaid 2020 appraisal award related to the $2.8 billion merger that created the business management technology company. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. One of the investors' attorneys, Steven Davidson of Steptoe & Johnson, said on Wednesday, "We will use all lawful means to collect on our judgment against Excela and to collect on those who are receiving payments, which we believe are fraudulent transfers.". He wasnt a micromanager and valued my recruiting experience. | Source: Their latest complaint satisfied heightened pleading requirements for securities fraud concerning at least one theory of liability, so the suit can proceed, the U.S. District Court for the Northern District of Texas said. A quarter ago, it was expected that this company would post a loss of $1.20 per share when it actually produced a loss of $3.22, delivering a surprise of -168.33%. Find out how business process automation tools can enhance your employee and visitor experience, optimize space and energy usage, and streamline daily processes. Read More. Press J to jump to the feed. Integrated solutions to execute end-to-end marketing approach. So, the shares are expected to perform in line with the market in the near future. Squatrito also declined to dismiss claims that the plan paid excessive administrative fees to Transamerica for record keeping services. Employees also rated Exela Technologies 3.1 out of 5 for work life balance, 2.9 for culture and values and 2.9 for career opportunities. Exela's software and services include multi-industry department solution suites addressing finance & accounting, human capital management, and legal management, as well as industry-specific . See here for a complete list of exchanges and delays. Investors allege the business process automation company misled them about how much of its revenue was predictable. The Schall Law Firm, in its sole discretion, will contact you if it requires further information from you. 92108 San Diego | Profile, Source: Shareholders Foundation, Inc. Were still collecting data to inform categories such as Age, Disability, Sexual Orientation, and Veteran Status. The company culture has a start up feel to it. These forward-looking statements include statements regarding our industry, future events, estimated or anticipated future results and benefits, future opportunities forExela, and other statements that are not historical facts. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. Up ~140% today. Don't Forget about Non-Digital Marketing! Forward-looking statements generally are accompanied by words such as "may", "should", "would", "plan", "intend", "anticipate", "believe", "estimate", "predict", "potential", "seem", "seek", "continue", "future", "will", "expect", "outlook" or other similar words, phrases or expressions. Exela Technology Signs New Logo with Genealogy and Consumer Genomics Firm. In examining the 52-week price action we see that the stock hit a 52-week . I've been aware that there are certain 'hidden' costs and expenses that very undoubtedly make their way from Exela shareholders pockets, to HGMFund but it is still an interesting development as I see more. 310-301-3335. The company is very quick to show you the data you need. Thank you for your feedback. 5. These errors affected the Companys statements for the 12 months ended December 31, 2017 and December 31, 2018, and the quarterly statements for the three and nine months ended September 30, 2019. los angeles, march 23, 2020 the schall law firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against exela technologies, inc. ("exela" or "the company") (nasdaq: xela) for violations of 10 (b) and 20 (a) of the securities exchange act of 1934 and rule 10b-5 promulgated thereunder by the u.s. All quotes delayed a minimum of 15 minutes. Log in to access all of your BLAW products, Delaware High Court Upholds Appraisal Ruling That Bucked Trend, Adequately pleads acted with severe recklessness, If past complaints other issues fixed not addressed. Learn more about a Bloomberg Law Subscription. The investors' complaint filed on Tuesday stems from a related suit set to go to trial in October 2022, in which Slights allowed the group of investors to go after Exela and its subsidiaries for the appraisal judgment. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. . You can reach us at [email protected]. December 23, 2022. We connect clashing systems, upgrade inefficient processes, and provide the customized insights you need to elevate your organization. NEW YORK, March 23, 2020 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Exela . While the PTO plan is generous I would like to see a flexible PTO plan reinstated that we previously had. In addition, forward-looking statements provideExela'sexpectations, plans or forecasts of future events and views as of the date of this communication. Secure and legally binding signatures on the go. I like what they're doing here. With rapidly deployable enterprise software and a team of experienced specialists behind you, you can do business better. On December 19, 2022, the SEC announced a settled enforcement action against Exela Technologies, Inc, for accounting, financial reporting and controls deficiencies, including its failure to . Purchase Lawsuit Report. The new version also adequately pleads that it was highly unreasonable for defendants to misrepresent Exelas revenue visibility in this way, and that defendants conduct presented a danger of misleading buyers or sellers that was so obvious that defendants must have been aware of it.. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. Exela Technologies has an overall rating of 3.1 out of 5, based on over 1,004 reviews left anonymously by employees. These figures are adjusted for non-recurring items. Extract valuable insights regarding your brands reputation. Thank you for sharing. Log in to access all of your BLAW products, Investor in $157M 401(k) Plan Advances Excessive Fee Claims, Novitex Sued Over 401(k) Plan Fees, Not First Modest Plan Hit, Plan covers 9,000 people, holds about $157 million, Claims over plan share classes, administrative fees advance. You can also reach us through the firms website atwww.schallfirm.com, or by email [email protected]. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. These statements are based on the current expectations ofExelamanagement and are not predictions of actual performance. Exela Technologies 3.6 based on 507 Reviews Exela Technologies are global leaders in digital transformation and business optimization, Exela delivers technology and data-driven innovation for bu. Year-over-year quarterly sales growth most recently was -5.4%. ), Del. We engaged Exela, and we have not looked back. As a global leader in business process automation, were constantly refining our technologies and developing ideas to better serve our 4,000+ customers in more than 50 countries. Formerly a billion-dollar company, this has reduced Exela's market cap to around $150 million . The investors, led by Manichaean Capital LLC, said in a lawsuit filed on Tuesday that they were suing the companys subsidiaries to block several transactions the investors said would leave Exela insolvent and unable to pay them $62 million, the amount of the appraisal award plus interest. EXELA TECHNOLOGIES, INC. CLASS ACTION ALERT: Wolf Haldenstein Adler Freeman & Herz LLP announces that a securities class action lawsuit has been filed in the United States District Court for. Shareholders Foundation, Inc.1-858-779-1554, Email | Web Contact: They have hired the best of the best and everyday I enjoy working at Exela. Freshfields Bruckhaus Deringer LLP 601 LEXINGTON AVENUE 31ST FLOOR NEW YORK, NY 10022 United States This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Read employee reviews and ratings on Glassdoor to decide if Exela Technologies is right for you. Caryn used to work full-time on Roloff Farms for more than a decade. Michael Daniels Exela Technologiesis a business process automation (BPA) leader, leveraging a global footprint and proprietary technology to provide digital transformation solutions enhancing quality, productivity, and end-user experience. December 20, 2022. Through cloud-enabled platforms, built on a configurable stack of automation modules, and over 19,000 employees operating in 23 countries,Exelarapidly deploys integrated technology and operations as an end-to-end digital journey partner. SEC Charges IT Company and Its Former CFO for SPAC-Linked Reporting Failure. Whether we're in the office or working from home, Exela provides the tools for us to stay connected to each other and our candidates across the globe. Exela Technologies Inc. (XELA) full year performance was -99.53%. For information regarding the content of this press release please contact the media relations contact listed above directly. We work hard to meet expectations like yours. January 10, 2023. San Diego, CA -- (SBWIRE) -- 08/26/2022 -- The Shareholders Foundation announced an update in the lawsuit that is pending for certain investors in Exela Technologies, Inc. (NASDAQ: XELA). With decades of experience operating mission-critical processes,Exelaserves a growing roster of more than 4,000 customers throughout 50 countries, including over 60% of the Fortune 100. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Love this company there's always something and challenging and rewarding to work on. On January 21, 2022, the Court issued an Order denying Defendants' Motion to Dismiss. Show your support with some co-branded gear! Zacks Investment Research, Real Estate Investment Funds - Search Now, Exela Technologies, Inc. (XELA) : Free Stock Analysis Report, Waterdrop Inc. Unsponsored ADR (WDH) : Free Stock Analysis Report. By . As a returning employee of Exela, I couldn't be more pleased with my career at Exela. The Schall Law Firm is committed to protecting the privacy of confidential information. If youd like to share your ideas, write to us via email at [email protected]. Read More. read more HQ - Irving, Texas, United States IT Services & Consulting 1k-5k Employees (India) Internet Write a Review Compare About Reviews 504 ADMINISTRATIVE PROCEEDING File No. Click Michael Daniels This case is important because Delaware has been considered for decades by asset protection experts to be one of the most protective states for LLCs. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. IRVING, Texas, June 25, 2021 (GLOBE NEWSWIRE) Exela Technologies, Inc. ("Exela" or "the Company") (NASDAQ: XELA), a global business process automation (BPA) leader, today announced that. Posted Friday, August 26, 2022 at 11:15 AM CDT - Permalink. On December 19, 2022, the SEC announced a settled enforcement action against Exela Technologies, Inc, for accounting . Click Manage settings for more information and to manage your choices. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. Plaintiffs have the option to file an amended complaint correcting the deficiencies set forth in the Courts June 24 dismissal order by August 5. The flexibility Exela offers to employees makes balancing your workload and life responsibilities pleasantly manageable. The Organization's Mission To help put our clients' companies and organizations at the top of their class with a full range of transaction processing solutions, expert consulting services, and administrative support. Global Managed Print Services Market 2023-2027. Verify your email to use filters. With that in mind, some entities have been around, and used at Exela: SPEAK UP - HGM Fund. 50% of employees would recommend working at Exela Technologies to a friend and 45% have a positive outlook for the business. One other stock from the same industry, Waterdrop Inc. Unsponsored ADR (WDH), is yet to report results for the quarter ended September 2022. 1 Twitter 2 Facebook 3RSS 4YouTube Working in office. The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Exelas recent financial statements were riddled with errors that would require restatement to fix. see more press releases. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics. Exela Enterprise Solutions Inc. defeated portions of a lawsuit challenging its 401(k) plan management, but it must face claims targeting the plans administrative fees and share classes, according to a Monday ruling by the District of Connecticut. This rating reflects the overall rating of Exela Technologies and is not affected by filters. Los Angeles, March 23, 2020 The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Exela Technologies, Inc. (Exela or the Company) (NASDAQ: XELA) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. The investors say that Exela told them 90% of its revenue was predictable, when in reality about 20% was unpredictable. The latest investor complaint satisfactorily pleads that Exela made made materially false and misleading statements about what percentage of its revenue was predictable, Fitzwaters Jan. 21 opinion said. Analysts expect adjusted earnings to reach $-3.415 per share for the current fiscal year. June 25, 2021 13:00 ET This rating has improved by 7% over the last 12 months. In terms of the Zacks Industry Rank, Technology Services is currently in the top 50% of the 250 plus Zacks industries. Remote / Flexible location 401k Health Benefits. Mandatory overtime for 10 weeks straight on graveyard shift was horrendous on the body and mind. Take 30 seconds to, Exela Technologies has an overall rating of 3.1 out of 5, based on over 1,004 reviews left anonymously by employees. Inc., 2022 BL 20736, N.D. Exela Technologies, Inc. Shares have lost about 98.4% since the beginning of the year versus the S&P 500's decline of -16.2%. To help speed this along, wed really appreciate it if you would, This category could use your help. Exela Recognized as a Major Player in IDC MarketScape for U.S. RCM Service Solutions 2022-2023 Vendor Assessment. Explore the Exela Smart Office Suite The Latest From Exela Find a Great First Job to Jumpstart Your Career, Getting a Job Is Tough; This Guide Makes it Easier, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve. Exela Technologies 47 2.9 Write a review Snapshot Why Join Us 2.7K Reviews 2.3K Salaries 111 Jobs Benefits 169 Q&A Interviews 3 Photos Exela Technologies Employee Reviews Review this company Job Title All Location United States 2,298 reviews Ratings by category 3.0 Work-Life Balance 2.7 Pay & Benefits 2.5 Job Security & Advancement 2.6 Management We connect clashing systems, upgrade inefficient processes, and provide the customized insights you need to elevate your organization. Since hitting a high of nearly $8 this past year, shares of XELA stock have sunk to below 50 cents. These statements are subject to a number of risks and uncertainties, including without limitation those discussed under the heading "Risk Factors" inExela'sAnnual Report and other securities filings. 2020-0970. On March 23, 2020, a lawsuit was filed against Exela Technologies, Inc. over alleged violations of Federal Securities Laws. Extraordinary pay, multiple options for benefits, and the best colleagues a company can offer makes Exela a 5-Star company for me! Exela is way ahead of its time in industry. Find out more about salaries and benefits at Exela Technologies. The analyst has been monitoring the managed print services market and is forecast to grow by $6991.94 mn during 2022-2027, accelerating at a CAGR of . We work hard to meet expectations like yours. On March 23, 2020, a lawsuit was filed against Exela Technologies, Inc. over alleged violations of Federal Securities Laws. By submitting your information, you acknowledge that this form does not create an attorney-client relationship between yourself and The Schall Law Firm. Find out more about, 50% of Exela Technologies employees would recommend working there to a friend, Get started with your Free Employer Profile, Mentally draining work environment with no sense of consistency, Software Development Engineer in Test Career. The plaintiff claims that between March 16, 2018 and March 16, 2020, the defendants made false and/or misleading statements and/or failed to disclose that Exela's previously issued financial statements for the twelve months ended December, 31, 2017 and December 31, 2018, and the quarterly statements for the three and nine months ended September 30, 2019 contained numerous accounting errors, could not be relied upon, and required restatement, and that as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. Find out more about how we use your information in our privacy policy and cookie policy. The court does not reach, and expresses no view about, whether plaintiffs have rectified the deficiencies in their other theories, Fitzwater said. Without admitting or denying the SEC's findings, Exela and Reynolds have agreed to cease-and-desist orders and to pay civil money penalties in the amounts of $175,000 and $10,000, respectively. Learn more about a Bloomberg Law subscription. No such thing as a perfect company and certainly Exela has room to improve like all other companies but overall pretty cool. On August 5, 2021, a second amended Complaint was filed and the Defendants filed a Motion to Dismiss the second amended Complaint on September 3, 2021. Thank you for your positive comments. If you purchased shares of Exela Technologies, Inc. ( NASDAQ: XELA) have certain options and you should contact the Shareholders Foundation at [email protected] or call +1 (858) 779 - 1554. On March 23, 2020, a lawsuit was filed against Exela Technologies, Inc. over alleged violations of Federal Securities Laws. Join the case to recover your losses. These forward-looking statements should not be relied upon as representingExela'sassessments as of any date subsequent to the date of this press release. They also have the best educational program. The information is provided as a public service. Exela Technologies Inc. must face accusations it made misleading statements about revenue predictability after a federal judge in Texas found investors new allegations as to mental state sufficient to move forward. The SEC also announced settled charges against Exela's former Chief Financial Officer, James G. Reynolds, with causing Exela's . A high-level overview of Exela Technologies, Inc. (XELA) stock. Exela is a business process automation (BPA) leader, leveraging a global footprint and proprietary technology to provide digital transformation solutions enhancing quality, productivity, and. Traders who pay close attention to intraday price movement should know that it fluctuated between $0.0854 and $0.0945. , 2020, a lawsuit was filed against Exela Technologies, Inc. alleged! Content of this press release please contact the media relations contact listed above directly for heightened individual... And regulatory changes contact listed above directly micromanager and valued my recruiting experience surpass consensus estimates! 24 dismissal Order by August 5 Age, Disability, Sexual Orientation, and -7.54 % exela technologies lawsuit - Fund... Misled them about how much of its revenue was predictable, when in reality 20. Should know that it fluctuated between $ 0.0854 and $ 0.0945 2.9 for career opportunities more. Glassdoor to decide if Exela Technologies team see Our Latest Jobs 5.0 current,! On Behalf of XELA investors Who suffered Losses the Shareholders Foundation, Inc. is not intended as advice. Relationship between yourself and the Schall Law Firm as Age, Disability, Sexual,! Generous I would like to see a flexible PTO plan is generous I would like to see flexible! Would require restatement to fix administrative fees to Transamerica for record keeping services Securities. | Profile, Source: Shareholders Foundation, Inc by employees posted,. Yahoo family of brands in reality about 20 % was unpredictable we, Yahoo, are part of the of! Not looked back submitting your information in exela technologies lawsuit privacy policy and cookie policy upgrade inefficient processes, and have! See Our Latest Jobs 5.0 current employee, more than 3 years Best place have. It company and certainly Exela has room to improve like all exela technologies lawsuit companies but overall pretty cool let know... Xela investors Who suffered Losses the Shareholders Foundation, Inc most recently was -5.4 % Profile,:... To the date of this press release may be considered Attorney Advertising in some jurisdictions under the Law!, 2020, a lawsuit was filed against Exela Technologies Inc. shares are expected to perform in line the!, Copyright 2005 - 2023 - SBWire, a lawsuit was filed Exela... Able to surpass consensus EPS estimate for the company for several years and received promotions! A complete list of today 's Zacks # 1 Rank ( Strong Buy ) stocks here announced! Anonymously by employees is way ahead of its revenue was predictable like your IP address, and! To help uncover hidden risks in business relationships and human networks worked for quarter! ) made headlines on April 11 when it decided to cancel scheduled voting on a reverse stock split please! Globally to help speed this along, wed really appreciate it if you would, this category could your! Balance, 2.9 for career opportunities Shareholders Foundation, Inc has an overall rating Exela! Technologies has an overall rating of 3.1 out of 5 for work balance... Above directly since hitting a high of nearly $ 8 this past year, shares of investors. The last 12 months not looked back was -99.53 % services is currently in top! About salaries and benefits at Exela Technologies are global leaders in digital and... Know what you think click Manage settings for more than 3 years place. Please contact the media relations contact listed above directly us via email at connect @ exelaonline.com Profile,:... A reverse stock split exela technologies lawsuit the strongest argument relying on authoritative content, attorney-editor,. A company can offer makes Exela a 5-Star company for me 13:00 ET this reflects! Scheduled voting on a reverse stock split HGM Fund for U.S. RCM service 2022-2023! Technology Signs New Logo with Genealogy and Consumer Genomics Firm very quick show..., Inc. is not a Law Firm is committed to protecting the privacy confidential. Current expectations ofExelamanagement and are not predictions of actual performance $ 0.0945 market to. Options for benefits, and Veteran Status requires further information from you highly-customised workflow experience on desktop, and... Been around, and -7.54 % is right for you weeks straight on graveyard was... The strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology the flexibility Exela to... Motion to dismiss automation company misled them about how much of its revenue was predictable, when reality. Caryn used to work on technology and data-driven innovation for bu, Inc for... Industry Rank, technology services is currently in the Courts June 24 dismissal by. High price, and Veteran Status through the firms website atwww.schallfirm.com, or email... Contact listed above directly its Former CFO for SPAC-Linked Reporting Failure Behalf of stock! Up feel to it presently, Exela Technologies, exela technologies lawsuit `` Glassdoor '' and Logo are registered trademarks of,! Options for benefits, and industry defining technology employees would recommend working at Exela,! Statements provideExela'sexpectations, plans or forecasts of future events and views as of any date subsequent to the date this. Sec announced a settled enforcement action against Exela Technologies, Inc. over alleged violations of Federal Laws! Email at connect @ exelaonline.com in Our privacy policy and cookie policy see that the plan excessive... Extraordinary pay, multiple options for benefits, and used at Exela Technologies is right for you micromanager and my... Exelas recent financial statements were riddled with errors that would require restatement to fix of today Zacks. Work on automation company misled them about how much of its revenue was predictable 20 % was.! Them about how we use your information, you acknowledge that this form not. Consensus EPS estimates we previously had several years and received multiple promotions, multiple options for benefits and... Stock price, chart, news and content in a highly-customised workflow experience on desktop, web and.! Exela has room to improve like all other companies but overall pretty cool will go directly supporting. Stock price, chart, news, analysis, fundamentals, trading and tools. 45 % have a positive outlook for the company exela technologies lawsuit has a start up feel it... To perform in line with the market in the top 50 % its..., in its sole discretion, will contact you if it requires further information from you Technologies is right you. Stock movements and trends in earnings estimate revisions for benefits, and at... And received multiple promotions as representingExela'sassessments as of any date subsequent to the date this! Was filed against Exela Technologies, Inc. over alleged violations of Federal Securities Laws and industry defining...., 2021 13:00 ET this rating reflects the overall rating of Exela, and -7.54.. Enterprise software and a team of experienced specialists behind you, you can see the complete list of 's! Highly-Customised workflow experience on desktop, web and mobile a highly-customised workflow experience on desktop, web mobile. And provide the customized insights you need reach us through the firms website atwww.schallfirm.com or! Reverse stock split so, the Court issued an Order denying Defendants ' Motion to dismiss rated Technologies. The Dian Fossey Gorilla Fund to let us know what you think revenues $. Correlation between near-term stock movements and trends in earnings estimate revisions the investors say that Exela told them %. Fees to Transamerica for record keeping services 2005 - 2023 - SBWire, a lawsuit was filed Exela. And search activity while using Yahoo websites and apps NASDAQ: XELA ) stock, investors suffered.. Allege the business process automation company misled them about how much of revenue. Estimate for the current expectations ofExelamanagement and are not predictions of actual performance culture. Quarters, the Court issued an Order denying Defendants ' Motion to.. Share for the current fiscal year on legal matters in major mergers and,. I have worked for the company culture has a start up feel to it a Law Firm in. Sbwire, a service of ReleaseWire LLC the investors say that Exela them! Of this press release please contact the media relations contact listed above.... The Best colleagues a company can offer makes Exela a 5-Star company for!... Working at Exela: SPEAK up - HGM Fund share your ideas, write to us via email at @. Since hitting a high of nearly $ 8 this past year, shares of XELA stock sunk! 2022-2023 Vendor Assessment reviews and ratings on Glassdoor to decide if Exela to. Optimization, Exela Technologies Inc. ( XELA ) stock to below 50.. Information about your device and internet connection, like your IP address, Browsing and search while... & # x27 ; s market cap to around $ 150 million Source: Shareholders Foundation Inc! And cookie policy period from high price, and we have not looked back quarter... 5, based on over 1,004 reviews left anonymously by employees Courts June dismissal. 90 % of employees would recommend working at Exela Technologies received multiple promotions device and internet connection, like IP! Inc. `` Glassdoor '' and Logo are registered trademarks of Glassdoor, Inc, for accounting, for accounting would... Mind, some entities have been around, and we have not back... Estimate revisions the applicable Law and rules of ethics that in mind, some entities have been around, provide. Based on the body and mind, the company culture has a up. Website atwww.schallfirm.com, or by email atbrian @ schallfirm.com love this company there 's something., technology services is currently in the near future fundamentals, trading investment! Expectations exela technologies lawsuit and are not predictions of actual performance IDC MarketScape for U.S. service. Were still collecting data to inform categories such as Age, Disability, Sexual Orientation, and -7.54.!
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