Celadon to pay $42M to end investigations of inflated financial statements

The Indianapolis, Indiana-based company, which operates upwards of 5,500 trucks, faced probes by the Securities and Exchange Commission and the Department of Justice over misreported income. Celadon issued a notice to shareholders last April saying it had over-reported income by $200-$250 million for 2014, 2015 and 2016. 
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