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Stock impact report

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Exela Technologies, Inc. (XELA) on Behalf of Investors

Exela Technologies, Inc. (XELA) 
Last exela technologies, inc. earnings: 5/9 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.exelatech.com/investor-relations
Company Research Source: Business Wire
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf Exela Technologies, Inc. ("Exela" or "the Company") (NASDAQ: XELA) investors concerning the Company and its officers’ possible violations of federal securities laws.On March 16, 2020, Exela postponed its earnings release and conference call due to a delayed filing of the Company's fiscal 2019 annual report.On this news, the Company's share price fell $0.0154 per share, or over 8%, to close at $0.17 per share on March 17, 2020, thereby injuring investors.Then, on March 17, 2020, Exela disclosed “that it will restate its financial statements for the years ended December 31, 2017 and 2018 and the interim periods through September 30, 2019" to correct certain historical accounting errors.On this news, the Company's share price fell $0.025 per share, or nearly 15%, to close at $0.145 per share on March 18, 2020, thereby injuring investors further.If you purchased Exela securities, have i Show less Read more
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