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Celadon under criminal investigation over financial statements

https://www.ccjdigital.com/200520-2/?utm_source=daily&utm_medium=email&utm_content=07-26-2018&utm_campaign=Commercial Carrier Journal&ust_id=124f9551466b2c5785e539d1cda3c973&utm_term=newsletter-2-daily-position-3

"The Indianapolis-based fleet giant, which operates upwards of 5,500 trucks, was already under investigation by the Securities and Exchange Commission over misreported income in its earnings reports for fiscal 2014, 2015 and 2016. The company issued a notice to shareholders in April saying it over-reported its income in those years “by a range of…$200-$250 million.”"
It’s funny how this company, knowingly deceived shareholders, the government,and their employees, yet the article mentions nothing about criminal charges against anyone. So it is ok for large companies to do this???
 
Exactly...let one of us lie about our earnings to the IRS and see what happens!!
Exactly. Coop Dispatch got into hot water with the Feds about 10 years ago for claiming Dave’s hat as both a home office, and a maintenance garage.. Patel Financial, and BD thought they would end up in Kansas breaking up rocks...But since Wong taught them how to save 15 percent for estimating taxes,things improved...
 
Exactly. Coop Dispatch got into hot water with the Feds about 10 years ago for claiming Dave’s hat as both a home office, and a maintenance garage.. Patel Financial, and BD thought they would end up in Kansas breaking up rocks...But since Wong taught them how to save 15 percent for estimating taxes,things improved...
Just curious...are you guys planning to vote on whether to divide Dave’s hat into 3 equal separate hats...one for Coop Dispatch, one for Patel Financial, and one for Donna’s home office?? I’m sure Wong could use some “creative financing” to show that it’s still one hat while continuing to save 15%!! :1036316054:
 
http://livetrucking.com/semi-truck-...after-losing-control-and-blocking-interstate/
(Rowan County NC. AP). Fed Ex truck subleased to Patel Transfer DBA, Coop Expedited, blocks I-85.
That was one of our drivers...that’s in a construction zone where the road is all to hell...speculation is that the collision mitigation systems locked up the brakes due to the rough ass road through that section. Later the same day, there was another truck that wrecked in that exact same spot and there was a dump truck that rolled over in the exact same spot the day before!!
 
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