According to Earthtimes.org, the law firm of Shalov Stone Bonner & Rocco LLP have announced that a class action lawsuit has been filed on behalf of purchasers of the common stock of Kenexa Corporation between May 8, 2007, and November 7, 2007.
Kenexa is a provider of recruitment software and solutions.
The lawsuit is pending in the United States District Court for the Eastern District of Pennsylvania against Kenexa; Nooruddin S. Karsan, the Chief Executive Officer of Kenexa; and Donald Volk, the Company’s chief financial officer.
The complaint alleges that, throughout the Class Period, the defendants violated the federal securities laws by misrepresenting and failing to disclose material adverse facts that were known to the defendants or recklessly disregarded by them.
More specifically, the complaint alleges, among other things, that the defendants misrepresented or failed to disclose the following: that sales cycles for certain of the Company’s lines of business were growing longer, thereby slowing revenue growth; that Kenexa’s international sales were suffering and that the Company would need to reorganize its sales force as a result; that a significant Kenexa customer was seeking to be released from its agreements with the Company; and that, due to the preceding matters, there was no reasonable basis for the defendants’ positive statements about the Company and its financial condition and business prospects.
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Tags: Kenexa CEO, Kenexa class action lawsuit, Kenexa lawsuit
Thanks for sharing.The info is helpful to me.
thanks for sharing that
It doesn’t sureprise me at all! That’s how they run their company.
As compared to a jobseeker writing her own resume, a resume written by a professional expert resume-writer would any day prove better.
But
Before sending that well-written resume to a recruiter, can a jobseeker figure-out in advance what would happen if that resume
gets ” rated / ranked and scored ” by recruiter ?
gets compared automatically with resumes of other applicants ?
Will she get an interview-call ?
She can – if she will only type ” Resume Rater ” in Google / Yahoo / Bing , and download this software tool ( free and without even login ) from any of the 35+ websites.
Resume Rater mimics the ” resume-evaluation ” process of recruiters’ minds but does it in an unbiased / objective way.
Resume Rater is absolutely non – discriminatory.
Regards
hemen parekh
Jobs for All = Peace on Earth
Thanks for sharing.The info is very helpful to me.
I think intimate conferences can play a huge role at being able to better network. Instead of being overwhelmed by the large number of attendees, you can actually build relationships with the people you meet and engage with them. That’s where the true value of conferences are in my opinion.
As compared to a jobseeker writing her own resume, a resume written by a professional expert resume-writer would any day prove better.
She can – if she will only type ” Resume Rater ” in Google / Yahoo / Bing , and download this software tool ( free and without even login ) from any of the 35+ websites.
Resume Rater mimics the ” resume-evaluation ” process of recruiters’ minds but does it in an unbiased / objective way.
Resume Rater is absolutely non – discriminatory.
Unemployed Girls, Beware !
Here are some findings of Pew Research Center’s Global Attitude Project ( in association with the International Herald Tribune – July 2010 ) :
There is a pronounced gap between a belief in the equality of the sexes and how that translates into reality.
In China, India, Indonesia and Jordan, equal-rights supporters think, most of the adjustments necessary to establish equality have already been made.
In nations ( Europe / USA ) where equal rights are already mandated, women seem stymied by a lack of real progress.
More than 50% in 10 of 22 countries said that when jobs are scarce, they should go to men.
Surely they have not read the survey conducted by Psychology Professor Keith Laws ( University of Hertfordshire ), which found that girls are better than boys when it comes to multi-tasking !
May be my 2 unemployed grand-daughters have still some hope !
With regards
hemen parekh
http://www.CustomizeResume.com
Jobs for All = Peace on Earth