By clicking Accept all you agree that Yahoo and our partners will process your personal information, and use technologies such as cookies, to display personalised ads and content, for ad and content measurement, audience insights, and product development. We connect clashing systems, upgrade inefficient processes, and provide the customized insights you need to elevate your organization. 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. Integrated solutions to execute end-to-end marketing approach. Brian Schall, Esq., 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. Exela is way ahead of its time in industry. Exela Technologies Signs Strategic Partnership with Quintes Global, Exela Recognized as a Major Player in IDC MarketScape for U.S. RCM Service Solutions 2022-2023 Vendor Assessment, Exela Technology Signs New Logo with Genealogy and Consumer Genomics Firm. A high-level overview of Exela Technologies, Inc. (XELA) stock. Anyone know anything about Exela Technologies (XELA)? The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. Learn more about a Bloomberg Law subscription. The case is Manichaean Capital LLC v. Exela Intermediate LLC, Delaware Court of Chancery, No. Exela Smart Office is a suite of interconnected workplace technologies and services. December 23, 2022. You're not working in a box and have flexibility to make strategic decisions. 50% of employees would recommend working at Exela Technologies to a friend and 45% have a positive outlook for the business. 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 Any information you submit will be maintained as confidential. Exela partners with customers to improve user experience and quality through operational efficiency. 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. Exela Smart Office is a suite of interconnected workplace technologies and services. It is not intended as legal advice and should not be relied upon. Posted Friday, August 26, 2022 at 11:15 AM CDT - Permalink. Based in Irving, TX, Exela Technologies is an industry leader with 22,000 employees and an annual revenue of $1.3B. Plaintiffs have the option to file an amended complaint correcting the deficiencies set forth in the Courts June 24 dismissal order by August 5. They have hired the best of the best and everyday I enjoy working at Exela. Were a little short on data, but you can help. 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. 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. These forward-looking statements should not be relied upon as representingExela'sassessments as of any date subsequent to the date of this press release. Caryn used to work full-time on Roloff Farms for more than a decade. Exela Technologies, Inc. Don't Forget about Non-Digital Marketing! court OKs investors payout fight over $2.8 bln Exela merger. Show your support with exclusive co-branded gear now available in the Exela Shop. 50% of employees would recommend working at, According to anonymously submitted Glassdoor reviews, Exela Technologies employees rate their compensation and benefits as 2.8 out of 5. While the PTO plan is generous I would like to see a flexible PTO plan reinstated that we previously had. 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. 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. Read employee reviews and ratings on Glassdoor to decide if Exela Technologies is right for you. 3 min read Exela Technologies, Inc. IRVING, Texas, Aug. 03, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. ("Exela" or "Company"). Squatrito also declined to dismiss claims that the plan paid excessive administrative fees to Transamerica for record keeping services. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Lots of people get promoted and they recently launched a pretty cool online training tool with videos. The order finds that Exela also failed to properly identify, account for and, in one quarter, disclose certain related party transactions with an entity that was controlled by Company leadership. Investigating Securities Claims on Behalf of XELA Investors Who Suffered Losses Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. According to the order, Reynolds caused Exela's failure to identify and disclose two of those transactions in one 2019 quarterly filing. I would recommend the company to anyone that's looking for a challenge where you can grow your career. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Phone: +1-(858)-779-1554 Shareholders Foundation, Inc. Exela Technologies is a provider of transaction processing solutions, enterprise information management, document management and digital business process services. June 25, 2021 13:00 ET 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. Mandatory overtime for 10 weeks straight on graveyard shift was horrendous on the body and mind. 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. SPEAK WITH AN ATTORNEY : 310-301-3335| Email: info@schallfirm.com. 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. Read More. There are ZERO cons with my Exela experience! 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. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. The choice was made after the firm decided that "continued. We work hard to meet expectations like yours. 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. December 20, 2022. 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. - toxic work environment - poor management. read more HQ - Irving, Texas, United States IT Services & Consulting 1k-5k Employees (India) Internet Write a Review Compare About Reviews 504 Powerful HR solutions to accelerate performance and business growth. He wasnt a micromanager and valued my recruiting experience. Extract valuable insights regarding your brands reputation. Solve this simple math problem and enter the result. | Profile, Source: Shareholders Foundation, Inc. They are modern with the best product and services. EXELA TECHNOLOGIES, INC. : All Information and News | XELA | US30162V7064 | MarketScreener Homepage Equities United States Nasdaq Exela Technologies, Inc. News All News XELA US30162V7064 EXELA TECHNOLOGIES, INC. (XELA) Add to my list Report Summary Quotes Charts News Ratings Calendar Company Financials Consensus Revisions Funds Summary Press question mark to learn the rest of the keyboard shortcuts This compares to loss of $4.60 per share a year ago. Exela Technologies, Inc. Click On Fishbowl, you can share insights and advice anonymously with Exela Technologies employees and get real answers from people on the inside. Investors allege the business process automation company misled them about how much of its revenue was predictable. 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 . This compares to year-ago revenues of $279.23 million. Exela is 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. So, the shares are expected to perform in line with the market in the near future. Managing teams of recruiters has never been more efficient! The SEC also announced settled charges against Exela's former Chief Financial Officer, James G. Reynolds, with causing Exela's . IRVING, Texas, Nov. 22, 2021 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. ("Exela" or "the Company") (NASDAQ: XELA), a global business process. Having problems? On August 11, 2020, an amended complaint was filed, and on October 12, 2020, the defendants filed a Motion to Dismiss the amended Complaint. On March 23, 2020, a lawsuit was filed against Exela Technologies, Inc. over alleged violations of Federal Securities Laws. 3-21256. Glassdoor has 1,004 Exela Technologies reviews submitted anonymously by Exela Technologies employees. They also properly pleaded that the inference of fraud is cogent and at least as compelling as any opposing inference of nonfraudulent intent., The investors fixed up their complaint by bolstering the allegations about what defendants knew and when they knew it, Fitzwater said. Today, you can download 7 Best Stocks for the Next 30 Days. 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. Presently, Exela Technologies Inc. shares are logging -99.55% during the 52-week period from high price, and -7.54% . 2020-0970. Exela is a business process automation (BPA) leader, leveraging a global footprint and proprietary technology to provide digital transformation solutions enhancing quality, productivity, and. The firm decided that & quot ; continued reinstated that we previously had forward-looking! 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