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 I have worked for the company for several years and received multiple promotions. Counsel information for Exela was not immediately known. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. 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. In addition, forward-looking statements provideExela'sexpectations, plans or forecasts of future events and views as of the date of this communication. Shareholders Foundation, Inc. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. Direct manager was great! Analysts expect adjusted earnings to reach $-3.415 per share for the current fiscal year. The court does not reach, and expresses no view about, whether plaintiffs have rectified the deficiencies in their other theories, Fitzwater said. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. Exela Smart Office is a suite of interconnected workplace technologies and services. Mandatory overtime for 10 weeks straight on graveyard shift was horrendous on the body and mind. Managing teams of recruiters has never been more efficient! See here for a complete list of exchanges and delays. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. 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. Glancy Prongay & Murray LLP represents the investors as lead counsel. 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. Announced, Copyright 2005 - 2023 - SBWire, a service of ReleaseWire LLC. Read more about our company here, or reach out to us today to start your digital transformation. They have hired the best of the best and everyday I enjoy working at Exela. 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. Since hitting a high of nearly $8 this past year, shares of XELA stock have sunk to below 50 cents. 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. Read More. We work hard to meet expectations like yours. In conjunction with the completion of the Novitex Business Combination in July 2017, Quinpario was renamed "Exela Technologies, Inc." Exela began trading under the ticker "XELA" on the Nasdaq on July 13, 2017. for 1+3, enter 4. Find out more about how we use your information in our privacy policy and cookie policy. 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. Exela is proud to support the Dian Fossey Gorilla Fund, and invites you to get involved! 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. Exela Technologies is a provider of transaction processing solutions, enterprise information management, document management and digital business process services. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. 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. Want the latest recommendations from Zacks Investment Research? I've experienced tremendous growth in my career during my time here. Native Hawaiian or Other Pacific Islander, - Newcastle upon Tyne, United Kingdom Area, Opens the Fishbowl by Glassdoor site in a new window, Coming soon! Lots of people get promoted and they recently launched a pretty cool online training tool with videos. Press J to jump to the feed. E.g. 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 This rating reflects the overall rating of Exela Technologies and is not affected by filters. Exela Technologies, Inc. engages in the provision of transaction processing solutions and enterprise information management. For the investors: Steven Davidson and Michael Baratz of Steptoe & Johnson; Sam Lieberman of Sadis & Goldberg. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. We connect clashing systems, upgrade inefficient processes, and provide the customized insights you need to elevate your organization. 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 . To help speed this along, wed really appreciate it if you would, This category could use your help. read more HQ - Irving, Texas, United States IT Services & Consulting 1k-5k Employees (India) Internet Write a Review Compare About Reviews 504 Thank you for your positive comments. 2020-0970. Click Manage settings for more information and to manage your choices. 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 . These forward-looking statements should not be relied upon as representingExela'sassessments as of any date subsequent to the date of this press release. 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. It operates through the following segments: Information and Transaction Processing Solutions, Healthcare Solutions, and Legal & Loss Prevention Services. 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. : 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 Don't Forget about Non-Digital Marketing! Learn more about a Bloomberg Law subscription. So, the shares are expected to perform in line with the market in the near future. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. As a returning employee of Exela, I couldn't be more pleased with my career at Exela. Working in office. If you are a shareholder who suffered a loss, click here to participate. She was positioned first as a manager and then as Matt's personal assistant. Anyone know anything about Exela Technologies (XELA)? He wasnt a micromanager and valued my recruiting experience. 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. Revolutionizing Human Resource Management. It was created with the merger of SourceHOV LCC, Novitex Holdings, Inc. and Quinpario Acquisition Corp. 2.. Overview. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. 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. January 10, 2023. Getting in Lockstep with Processing Demands, Large-Scale Bank Decreases Labor and Shipping Costs with Exelas IntelliScan XDS Scanner. Investigating Securities Claims on Behalf of XELA Investors Who Suffered Losses Find out more about salaries and benefits at Exela Technologies. They are modern with the best product and services. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. "Join this Class Action" above. 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.". 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. Shareholder Connect | Exela Technologies. . 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 . Investors who purchased the Companys securities between March 16, 2018 and March 16, 2020, inclusive (the Class Period), are encouraged to contact the firm before May 22, 2020. On August 11, 2020, an amended complaint was filed, and on October 12, 2020, the defendants filed a Motion to Dismiss the amended Complaint. 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. 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. 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. 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. Law firm pricing professionals in 2023: Examining compensation & team structures, How to improve handling of law firm rate increase requests through data: A view from in-house counsel, 2022 saw law firms move past the pandemic into a more client-focused service environment, Law firms ESG practice continues to drive economic growth and better alignment with clients, See here for a complete list of exchanges and delays, Suit follows May ruling allowing investors to sue Exela, subsidiaries for payment, Investors say they're owed more than $62 million for appraisal judgment. 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. Verify your email to use filters. Remote / Flexible location 401k Health Benefits. Thank you for sharing. December 23, 2022. We connect clashing systems, upgrade inefficient processes, and provide the customized insights you need to elevate your organization. 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. - toxic work environment - poor management. Exela Technologies Engaged Employer Overview 1K Reviews 132 Jobs 658 Salaries 109 Interviews 215 Benefits 18 Photos Follow + Add a Review Exela Technologies Reviews Updated Jan 11, 2023 Find Reviews Clear All Full-time, Part-time English Filter Found 965 of over 1K reviews Sort Popular Popular COVID-19 Related Highest Rating Lowest Rating 3-21256. These figures are adjusted for non-recurring items. court OKs investors payout fight over $2.8 bln Exela merger. We are glad that you enjoyed being a part of our team. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. The lawsuit alleges that the Company and certain of its executives violated federal law. Exela Technologies Signs Strategic Partnership with Quintes Global. 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. 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 (NASDAQ: XELA) made headlines on April 11 when it decided to cancel scheduled voting on a reverse stock split. Vice Chancellor Joseph Slights III of the Delaware Chancery Court determined in January 2020 that the investors were owed $57 million plus interest as part of the three-way merger that created Irving, Texas-based Exela in July 2017. Based on these facts, the Companys public statements were false and materially misleading. 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. Company seems to be struggling to find it's footing, so I worry about job security. 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. 5. A high-level overview of Exela Technologies, Inc. (XELA) stock. Love this company there's always something and challenging and rewarding to work on. 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. 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