Celadon Group Inc. (CGI) Information Request Form

The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the U.S. District Court for the Southern District of New York on behalf of investors who purchased Celadon Group Inc. (NYSE : CGI) securities between January 27, 2016 and May 2, 2017.

According to the complaint, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) CGI's equity contribution to its joint venture with Element Financial Corp. was $68.2 million, rather than the $100 million contribution the Company reported in its public filings; (ii) the Company is being actively investigated by the SEC; and (iii) as a result of the foregoing, CGI's publicly disseminated financial statements were materially false and misleading.

On April 5, 2017 a report issued by Prescience Point Research Group charged that "CGI has used off-balance sheet entities…and manipulative accounting practices to hide its insolvent condition from investors and creditors." Then on April 19, 2017, Prescience Point Research published another report in which they provided correspondence from the SEC indicating that CGI was under investigation.

If you suffered a loss in Celadon Group Inc. you have until June 19, 2017 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

To receive more information, please fill out the form.

Request More Information

The Law Offices of Vincent Wong do not share your information with others. There is no cost or obligation.

This submission does not create an attorney-client relationship. If we believe that you might be an appropriate lead plaintiff, we will contact you to discuss whether to establish an attorney-client relationship.

This letter confirms that you have retained The Law Offices of Vincent Wong to represent you as a named plaintiff in a shareholder action involving Celadon Group Inc.

We agree to advance all expenses in the litigation, which means that you are not liable to pay any of the expenses of the lawsuit, whether attorneys' fees or costs. Regardless of the result, we will never ask you to directly pay for any attorneys' fees or costs. Should we obtain a favorable result, we may ask the court to award us compensation to be paid by the defendants or as a portion of any class benefit, but, again, we will never ask you to directly pay any of the costs of this litigation.

As the client you are entitled to direct the litigation in any way you deem proper, and may at any time order us to dismiss the case or opt-out. Should you choose to do so, we will never ask you to reimburse us directly for any legal fees or expenses. During the course of this litigation, we may employ and/or work with other law firms to prosecute your case.

We look forward to representing you and other Celadon Group shareholders.

Sincerely,

The Law Offices of Vincent Wong

Vincent Wong

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