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Celadon Group, Inc. (NYSE:CGI) Investor Investigation Concerning Potential Securities Laws Violations Announced

  • If you purchased shares of Celadon Group, Inc. (NYSE:CGI), you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
Celadon Group, Inc.
Security
NYSE: CGI

Summary

February 10, 2017 (Shareholders Foundation) - An investigation on behalf of investors of Celadon Group, Inc. (NYSE:CGI) shares over potential securities laws violations by Celadon Group, Inc. and certain of its directors and officers in connection certain financial statements was announced.

The investigation by a law firm focuses on 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.

Celadon Group, Inc. reported that its Total Revenue rose from $900.76 million for the 12 months period that ended on June 30, 2015 to over $1.06 billion for the 12 months period that ended on June 30, 2016 and that its Net Income for those time periods declined from $37.22 million to $24.84 million.

Shares of Celadon Group, Inc. (NYSE:CGI) declined from as high as $27.24 per share in March 2015 to as low as $5.10 per share in November 2016.

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