PYMNTS

APRIL 29, 2019

Indianapolis-based freight trucking company Celadon Group has agreed to pay its investors $42.2 As part of the agreement, the company must pay restitution to shareholders, as well as implement internal controls and cooperate with the investigations of the former executives allegedly involved in the fraud.

Fraud 108

Fraud Indianapolis New York Operations 108

PYMNTS

MAY 8, 2019

The Indianapolis-based firm, which works to accelerate B2B payments to truck operators, apparently has removed its CEO and COO — the result of a financial accounting scandal at another trucking firm where FreightRover executives had worked. Fraud Allegations. Here is what happened, at least according to the U.S.

Fraud 135

Fraud Report Indianapolis Leadership 135

CB Insights

NOVEMBER 9, 2017

In this review of failure, we’ve looked in our venture capital database to find the most well-funded startup companies that ultimately failed or had an undesirable exit, such as an asset sale or an acquisition for less than the total funding raised by the company. ” via Indianapolis Business Journal. A most-wanted founder.

Capital 78

Capital Company San Francisco Operations 78