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Stock impact report

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Exela Technologies, Inc. (XELA)

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
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming May 22, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired Exela Technologies, Inc. ("Exela" or "the Company”) (NASDAQ: XELA) securities between March 16, 2018 and March 16, 2020, inclusive (the “Class Period”).If you are a shareholder who suffered a loss, click here to participate.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 sh Show less Read more
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