A Forsyth County grand jury this week indicted Pace Airlines CEO William Charles Rodgers on one count of willful failure to pay group health-insurance premiums to Blue Cross Blue Shield of N.C. and 26 counts of willful failure to deliver notice to employees.

Investigators allege that he knowingly terminated the company’s group health insurance without giving the required 45-day notice to 337 employees.

Rodgers has been free on a $50,000 bond since September 2009. The N.C. Department of Justice says Rodgers was allowed to leave the state on bond when first arrested and he has not been served.