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Celadon Group, Inc. was a truckload shipping company located in Indianapolis, Indiana. It was one of the ten largest truckload carriers in North America and at its peak operated 4,000 trucks and owned an additional 11,000 trucks through Quality Equipment, its leasing division.
Dec 9, 2019 · This morning, Celadon Group ( OTC: CGIP) executives told its employees that the company filed for bankruptcy protection under Chapter 11 and will shut down the operations of its over-the-road fleet.
Dec 9, 2019 · In a span of just five days, Celadon Group Inc. has been thrust into the national spotlight because of a federal case targeting former executives, and a bankruptcy filing that will put nearly...
Dec 9, 2019 · Celadon Group and its 25 affiliate companies filed for Chapter 11 bankruptcy Monday morning in the Delaware district of U.S. Bankruptcy Court, according to court documents.
Dec 5, 2019 · William Eric Meek and Bobby Lee Peavler, the former COO and CFO of Celadon Group Inc., a transportation and trucking company, were indicted for securities fraud, bank fraud and lying to auditors. They allegedly concealed tens of millions of dollars in losses by trading away old trucks for new ones and misleading investors and lenders.
Dec 9, 2019 · Celadon Group Inc. filed for bankruptcy Monday and announced it is immediately closing the Indianapolis-based trucking firm. The move, coming just days after two executives were charged in a $60...
Aug 11, 2022 · Federal prosecutors on Wednesday dropped a fraud case alleging two former executives at Celadon Group devised a scheme that cost the truckload and logistics company’s shareholders more than $62 million.
