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SEC accuses Celadon Group executives of accounting fraud

( December 5, 2019, 22:01 GMT | Official Statement) -- MLex Summary: The US Securities and Exchange Commission accused two former top executives of trucking company Celadon Group of participation in an accounting fraud that inflated the company's income and earnings per share. The complaint against former Celadon President and Chief Operating Officer William Eric Meek and former Chief Financial Officer Bobby Peavler alleges that they sought to conceal losses by engaging in a scheme to buy and sell trucks at inflated prices.Statement follows in full. Also see document below. ...

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