Thank you for your positive comments. With rapidly deployable enterprise software and a team of experienced specialists behind you, you can do business better. The Human Resources Department is very accommodating and help you step by step if you need help. Counsel information for Exela was not immediately known. Having problems? Exela Technologies, Inc. , which belongs to the Zacks Technology Services industry, posted revenues of $264.04 million for the quarter ended September 2022, missing the Zacks Consensus Estimate. 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. 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. By submitting your information, you acknowledge that this form does not create an attorney-client relationship between yourself and The Schall Law Firm. 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. 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%. 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 . Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. . Press question mark to learn the rest of the keyboard shortcuts 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. This company is expected to post quarterly earnings of $0.03 per share in its upcoming report, which represents a year-over-year change of +115.8%. We are glad you took the time to share your experience. 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. I've experienced tremendous growth in my career during my time here. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. So, the shares are expected to perform in line with the market in the near future. Investors sued Exela in July over unpaid appraisal judgment May 26 (Reuters) - A group of investors can proceed with a suit over a $2.8 billion merger that created business management. Exela Technologies, Inc. , which belongs to the Zacks Technology Services industry, posted revenues of $264.04 million for the quarter ended September 2022, missing the Zacks Consensus Estimate by 5.94%. This rating has improved by 12% over the last 12 months. Caryn Chandler Net Worth, Job, Career. 18 Campus Boulevard, Suite 100, Newtown Square, PA 19073 (UPDATE: This story has been updated with a comment from a Steptoe & Johnson attorney representing the investors. The choice was made after the firm decided that "continued. 6LinkedIn 8 Email Updates, Order - Exela Technologies, Inc. and James G. Reynolds. For information regarding the content of this press release please contact the media relations contact listed above directly. The trading price of Exela Technologies Inc. (NASDAQ:XELA) closed lower on Tuesday, December 27, closing at $0.09, -2.09% lower than its previous close. 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. Purchase Lawsuit Report. I have worked for the company for several years and received multiple promotions. | Source: Find out more about how we use your information in our privacy policy and cookie policy. 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. December 19, 2022 - The Securities and Exchange Commission today announced settled charges against Exela Technologies, Inc., an IT company headquartered in Irving, Texas, for reporting, controls, and recordkeeping violations. Exela Technologies Inc. (XELA) full year performance was -99.53%. A lawsuit is pending for certain investors in investors in Exela Technologies, Inc. (NASDAQ:XELA) shares. Revolutionizing Human Resource Management. We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. Squatrito also declined to dismiss claims that the plan paid excessive administrative fees to Transamerica for record keeping services. Presently, Exela Technologies Inc. shares are logging -99.55% during the 52-week period from high price, and -7.54% . On June 24, 2021, the Court issued an Order granting Defendants' Motion to Dismiss, but gave leave to amend the Complaint. 92108 San Diego Company seems to be struggling to find it's footing, so I worry about job security. She was positioned first as a manager and then as Matt's personal assistant. By . 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. We work hard to meet expectations like yours. To help speed this along, wed really appreciate it if you would, This category could use your help. 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. SPEAK WITH AN ATTORNEY : 310-301-3335| Email: info@schallfirm.com. 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. This compares to loss of $4.60 per share a year ago. 50% of Exela Technologies employees would recommend working there to a friend based on Glassdoor reviews. Read More. Exela Technologies (XELA) Stock Price Performance License Error: Access from crawling bot Q-Factor Score View score details Leveraging Big Data multi-factor models, the Q-Factor Score is assigned. 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. for 1+3, enter 4. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. June 25, 2021 13:00 ET 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%. 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 Exela Smart Office is a suite of interconnected workplace technologies and services. Exela Recognized as a Major Player in IDC MarketScape for U.S. RCM Service Solutions 2022-2023 Vendor Assessment. They also have the best educational program. Exela is a business process automation (BPA) leader, leveraging a global footprint and proprietary technology to provide digital transformation solutions enhancing quality, productivity, and. Year-over-year quarterly sales growth most recently was -5.4%. These figures are adjusted for non-recurring items. Exela partners with customers to improve user experience and quality through operational efficiency. If you purchased shares of Exela Technologies, Inc. (NASDAQ: XELA) have certain options and you should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1 (858). Shareholders Foundation, Inc. Later in 2018, Matt had confirmed with Good Housekeeping that Caryn was no longer employed there.. 2020-0970. Read More. Thank you for your feedback. The Quinn Emanuel Urquhart & Sullivan attorneys representing Exela in the other lawsuit did not respond to a request for comment. There are ZERO cons with my Exela experience! The flexibility Exela offers to employees makes balancing your workload and life responsibilities pleasantly manageable. 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. This action is necessary to prevent Defendants from fraudulently transferring away liquid funds that would be used to pay the judgment before the Court once again orders Defendants to pay the judgment, the investors said in Tuesdays complaint. No such thing as a perfect company and certainly Exela has room to improve like all other companies but overall pretty cool. 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. For the investors: Steven Davidson and Michael Baratz of Steptoe & Johnson; Sam Lieberman of Sadis & Goldberg. Solve this simple math problem and enter the result. The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. On January 21, 2022, the Court issued an Order denying Defendants' Motion to Dismiss. Glancy Prongay & Murray LLP represents the investors as lead counsel. 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. On-Demand Training Ransomware response Demystifying ESG Cyber risks Developing an effective fraud response plan In this course, you will be fully immersed in a real-life scenario that is based on a true-to-life case of internal fraud, brought to light by a whistleblower, and perpetrated by a senior executive. According to reviews on Glassdoor, employees commonly mention the pros of working at Exela Technologies to be workplace, coworkers and the cons to be career development, benefits, management. This compares to year-ago revenues of $279.23 million. Show your support with exclusive co-branded gear now available in the Exela Shop. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. This kind of feedback motivates the entire team to continue exceeding expectations. | Profile, Source: Shareholders Foundation, Inc. Show your support with some co-branded gear! Explore the Exela Smart Office Suite The Latest From Exela Don't Forget about Non-Digital Marketing! Exelaanticipates that subsequent events and developments will causeExela'sassessments to change. 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. 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. read more HQ - Irving, Texas, United States IT Services & Consulting 1k-5k Employees (India) Internet Write a Review Compare About Reviews 504 Salaries 5k Interviews 29 Jobs 21 Benefits 262 Photos The company is very quick to show you the data you need. 310-301-3335. Click Manage settings for more information and to manage your choices. 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. One other stock from the same industry, Waterdrop Inc. Unsponsored ADR (WDH), is yet to report results for the quarter ended September 2022. Exela Technologies, Inc. court OKs investors payout fight over $2.8 bln Exela merger. In addition, forward-looking statements provideExela'sexpectations, plans or forecasts of future events and views as of the date of this communication. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. Exela is a leader in work flow automation, attended and un-attended cognitive automation, digital mail rooms, print communications, and payment processing with deployments across the globe. 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. 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