An investigation for investors in NYSE:CGI shares over potential securities laws violations by Celadon Group, Inc. and certain of its directors and officers was announced.
Investors who purchased shares of Celadon Group, Inc. (NYSE:CGI), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
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.
On February 17, 2017, NYSE:CGI shares closed at $9.00 per share.
Those who purchased NYSE:CGI shares have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com