Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Celadon Group Inc (NYSE: CGI) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Celadon Group Inc (NYSE: CGI) concerning whether a series of statements by Celadon Group Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On April 2, 2018, the Company revealed that it has identified errors requiring adjustments to its previously issued 2014, 2015, 2016 and 2017 financial statements, and possibly earlier statements. Celadon further announced that certain financial results would be restated, and that it expects the New York Stock Exchange to halt trading of its common stock and commence the delisting process promptly.
When the truth was revealed to the investing public, NYSE: CGI fell sharply, causing shareholders harm.
Based in Indianapolis, Indiana, and founded in 1985 Celadon Group Inc provides transportation services between the United States, Canada, and Mexico.
If you purchased shares of Celadon Group Inc (NYSE: CGI) on or before April 2, 2018, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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