This legal case involved a former employee, Steve Snoeck, who sued ExakTime Innovations, Inc. for various labor claims. The case resulted in a jury verdict for the plaintiff on one claim and for ExakTime on others, with subsequent appeals regarding damages and attorney's fees.
Arcoro, the parent company of ExakTime, appointed John Herr as its new CEO, succeeding John O'Hara. The leadership change was intended to drive organic growth and further strategic acquisitions for the platform.
Arcoro announced the acquisition of InfinityHR, which joined ExakTime and BirdDogHR as part of the Arcoro HCM platform. This move expanded the capabilities of the Arcoro family of companies to include core HR, benefits management, and payroll.
Providence Strategic Growth (PSG) announced a majority investment in ExakTime, marking a significant milestone in the company's growth. This investment facilitated the formation of Arcoro, a human capital management platform that integrated ExakTime into its suite of services.
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