Three men who say they worked with Arkansas-based Cannon Express to bring truck drivers from overseas want to force the company into bankruptcy to get money they say they are owed.
According to published reports, Ed Bennett, Farish Kincaid and Felix Pruss last week filed an involuntary bankruptcy petition against Cannon, attempting to force the company into Chapter 7 bankruptcy proceedings. They say the company, which hasn't posted a profit in the last four quarters, owes them $1.3 million.
Company controller Duane Wormington told the Associated Press that the company doesn't owe money to two of the men on the petition and has never even heard of the third.
William Almand, attorney for Kincaid and Pruss, told the AP that the three men worked to bring nearly 240 drivers to the United States to work for Cannon.
Cannon Express issued a statement Friday responding to the allegations: "Cannon Express did not file for bankruptcy, and, as always, continues to pay its legitimate obligations as they become due. Cannon Express is confident that the court will agree that this petition is without merit. The company intends to pursue each of the petitioners for any and all damages associated with what it believes to be a frivolous filing."
According to the company's web site, Cannon Express was founded in 1981 and today runs approximately 900 company-owned tractors. It is headquartered in Springdale, Ark.
According to published reports, Ed Bennett, Farish Kincaid and Felix Pruss last week filed an involuntary bankruptcy petition against Cannon, attempting to force the company into Chapter 7 bankruptcy proceedings. They say the company, which hasn't posted a profit in the last four quarters, owes them $1.3 million.
Company controller Duane Wormington told the Associated Press that the company doesn't owe money to two of the men on the petition and has never even heard of the third.
William Almand, attorney for Kincaid and Pruss, told the AP that the three men worked to bring nearly 240 drivers to the United States to work for Cannon.
Cannon Express issued a statement Friday responding to the allegations: "Cannon Express did not file for bankruptcy, and, as always, continues to pay its legitimate obligations as they become due. Cannon Express is confident that the court will agree that this petition is without merit. The company intends to pursue each of the petitioners for any and all damages associated with what it believes to be a frivolous filing."
According to the company's web site, Cannon Express was founded in 1981 and today runs approximately 900 company-owned tractors. It is headquartered in Springdale, Ark.
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