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Celadon to Pay .2 Million After Admitting to Accounting Fraud

Celadon Group Inc. has agreed to pay $42.2 million to settle a federal investigation into allegations that a prior management team and a subsidiary company filed false and misleading statements to investors regarding tractors and trailers leased to owner-operators.
Celadon to Pay .2 Million After Admitting to Accounting Fraud
Source: TTNews.com