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STAY CONNECTED It operates through the following segments: Information and Transaction Processing Solutions, Healthcare Solutions, and Legal & Loss Prevention Services. 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. According to anonymously submitted Glassdoor reviews, Exela Technologies employees rate their compensation and benefits as 2.8 out of 5. January 10, 2023. Read More. If fractional shares, please round to the nearest whole number. 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.". If you choose to take no action, you can remain an absent class member. Phone: +1-(858)-779-1554 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. 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. I like what they're doing here. Industry What our customers are saying. On March 23, 2020, a lawsuit was filed against Exela Technologies, Inc. over alleged violations of Federal Securities Laws. Click Manage settings for more information and to manage your choices. Revolutionizing Human Resource 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%. The Shareholders Foundation, Inc. is not a law firm. 50% of Exela Technologies employees would recommend working there to a friend based on Glassdoor reviews. mail@shareholdersfoundation.com 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. Counsel information for Exela was not immediately known. Caryn Chandler Net Worth, Job, Career. In examining the 52-week price action we see that the stock hit a 52-week . 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. Thank you for your positive comments. 18 Campus Boulevard, Suite 100, Newtown Square, PA 19073 6LinkedIn 8 Email Updates, Order - Exela Technologies, Inc. and James G. Reynolds. Exela Technologies has an overall rating of 3.1 out of 5, based on over 1,004 reviews left anonymously by employees. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. On March 23, 2020, a lawsuit was filed against Exela Technologies, Inc. over alleged violations of Federal Securities Laws. 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 . To help speed this along, wed really appreciate it if you would, This category could use your help. Were still collecting data to inform categories such as Age, Disability, Sexual Orientation, and Veteran Status. | Profile, Source: Shareholders Foundation, Inc. Sierra Jackson reports on legal matters in major mergers and acquisitions, including deal work, litigation and regulatory changes. Find out how business process automation tools can enhance your employee and visitor experience, optimize space and energy usage, and streamline daily processes. Michael Daniels 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%. 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. While Exela Technologies, Inc. Has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? Exela Technologies Inc does not currently pay a dividend. 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. 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 . Want the latest recommendations from Zacks Investment Research? Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Read More. 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. Anyone know anything about Exela Technologies (XELA)? These figures are adjusted for non-recurring items. 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. 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. December 20, 2022. Exela Smart Office is a suite of interconnected workplace technologies and services. 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. 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. You can change your choices at any time by visiting your privacy controls. read more HQ - Irving, Texas, United States IT Services & Consulting 1k-5k Employees (India) Internet Write a Review Compare About Reviews 504 Analysts expect adjusted earnings to reach $-3.415 per share for the current fiscal year. Find out more about salaries and benefits at Exela Technologies. 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 is proud to support the Dian Fossey Gorilla Fund, and invites you to get involved! SPEAK WITH AN ATTORNEY : 310-301-3335| Email: info@schallfirm.com. | Source: Squatrito also declined to dismiss claims that the plan paid excessive administrative fees to Transamerica for record keeping services. It was created with the merger of SourceHOV LCC, Novitex Holdings, Inc. and Quinpario Acquisition Corp. 2.. Overview. 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). December 23, 2022. Traders who pay close attention to intraday price movement should know that it fluctuated between $0.0854 and $0.0945. June 25, 2021 13:00 ET SEC Charges IT Company and Its Former CFO for SPAC-Linked Reporting Failure. 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. Since hitting a high of nearly $8 this past year, shares of XELA stock have sunk to below 50 cents. The SEC's order finds that Exela violated Sections 13(a), 13(b)(2)(A) and 13(b)(2)(B) of the Exchange Act and Rules 13a-1, 13a-13,13a-15(a) and 12b-20 thereunder, and that Reynolds caused Exela's violations of Section 13(a) of the Exchange Act and Rules 13a-13 and 12b-20 thereunder. Press J to jump to the feed. Those who purchased shares of Exela Technologies, Inc. (NASDAQ: XELA) have certain options and should contact the Shareholders Foundation. Your documents will be securely held in AWS S3 and will only be used as proof of your transactions in connection with this matter. Extract valuable insights regarding your brands reputation. Show your support with exclusive co-branded gear now available in the Exela Shop. Join the case to recover your losses. All quotes delayed a minimum of 15 minutes. In terms of the Zacks Industry Rank, Technology Services is currently in the top 50% of the 250 plus Zacks industries. 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. Native Hawaiian or Other Pacific Islander, - Newcastle upon Tyne, United Kingdom Area, Opens the Fishbowl by Glassdoor site in a new window, Coming soon! The fundamental outlook for the IT . Unified on a single, cloud-hosted platform, Digital Now is a suite of solutions built to accelerate your digital transformation. So, the shares are expected to perform in line with the market in the near future. I have worked for the company for several years and received multiple promotions. We work hard to meet expectations like yours. The case is Manichaean Capital LLC v. Exela Intermediate LLC, Delaware Court of Chancery, No. Thank you for your feedback. 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. Accepted file types: xls, xlsx, doc, pdf, jpg, jpeg, Max. The company has not been able to beat consensus revenue estimates over the last four quarters. 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. On March 23, 2020, a lawsuit was filed against Exela Technologies, Inc. over alleged violations of Federal Securities Laws. 5. 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 The SEC also announced settled charges against Exela's former Chief Financial Officer, James G. Reynolds, with causing Exela's . 310-301-3335. Tex., No. I've experienced tremendous growth in my career during my time here. "Join this Class Action" above. The choice was made after the firm decided that "continued. 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. 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. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. 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. The court does not reach, and expresses no view about, whether plaintiffs have rectified the deficiencies in their other theories, Fitzwater said. Caryn used to work full-time on Roloff Farms for more than a decade. Global Managed Print Services Market 2023-2027. We connect clashing systems, upgrade inefficient processes, and provide the customized insights you need to elevate your organization. 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. Direct manager was great! Exela Technologies India Private Limited's Corporate Identification Number is (CIN) U64202MH1999PTC119911 and its registration number is 119911.Its Email address is amit.shukla@exelaonline.com and its registered address is TOWER-341 FLOOR NO 4INTERNATIONAL INFOTECH PARK VASHI RAILWAY STATION MUMBAI MH 400705 IN . Verify your email to use filters. Exelas recent financial statements were riddled with errors that would require restatement to fix. There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Exela Technologies, Inc. (XELA) came out with a quarterly loss of $1.01 per share versus the Zacks Consensus Estimate of a loss of $0.46. Find out how business process automation tools can enhance your employee and visitor experience, optimize space and energy usage, and streamline daily processes. Read employee reviews and ratings on Glassdoor to decide if Exela Technologies is right for you. 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. 7 Dec 2022 - Talent Acquisition Lead in Pune Recommend CEO Approval Business Outlook Pros You will get the necessary exposure, support, opportunity and guidance to grow in your career. Their prior complaint lacked specific facts showing that the company knew the revenue predictability statistic was wrong at the time it claimed 90% visibility, but Judge Sidney A. Fitzwater allowed them to file an amended version. Plaintiffs have the option to file an amended complaint correcting the deficiencies set forth in the Courts June 24 dismissal order by August 5. Inc., 2022 BL 20736, N.D. 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. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. 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 Exela Smart Office is a suite of interconnected workplace technologies and services. 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 employer has claimed their Employer Profile and is engaged in the Glassdoor community. 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. They have hired the best of the best and everyday I enjoy working at Exela.

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