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Celadon Group Inc.

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The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. On April 2, 2018, Celadon announced that it has identified errors requiring adjustments to its previously issued 2014, 2015, 2016 and 2017 financial statements, and to statements potentially even older than that. Celadon further announced that certain financial results would be restated, and that it expects the New York Stock Exchange to halt trading of its common stock and commence the delisting process promptly. When the truth was revealed to the investing public, shares of Under Armour fell sharply during after-hours trading, causing shareholders harm.

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Case is being investigated