San Diego, CA -- (SBWIRE) -- 02/13/2017 -- Celadon Group, Inc is under investigation over possible securities laws violations. The investigation was announced on behalf of investors of Celadon Group, Inc. shares in connection certain financial statements made by Celadon Group, Inc.

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 858-779-1554.

The investigation by a law firm focuses on 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 10, 2017, NYSE:CGI shares closed at $8.30 per share.

Those who purchased shares of Celadon Group, Inc. 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