The bottom line is this: After raising $1.2 billion from public and private investors, Webvan Group Inc.'s creditors have $38 million in cash to divvy up, along with whatever money can be scraped ...

In a related development, a lawsuit that is seeking class-action status was filed yesterday in a New York district court on behalf of all investors who purchased Webvan shares between Nov. 4 ...

Experts say that executives banging the customer service drum should take Webvan's demise as a clear message from investors: The days of brand building and market share ended more than a year ago ...

Webvan has lost more than $1 billion and laid off 1,200 workers across the country. So Cumby is more skeptical of management’s confidence that it will find white knight investors to deliver the ...

It didn't help that while customers were slow to buy Webvan's munchies, investors had been too quick to buy its stock. Their early enthusiasm pushed Webvan to expand more quickly than was wise.

The suit maintains that the prospectus was misleading because it failed to disclose that the underwriters had an agreement with certain investors to provide them with “significant amounts of ...

Since then the stock has plunged, as investors have turned sour on many Web companies and e-tailers. Webvan's shares closed Tuesday at 16 cents. In an interview with CNET News.com last month ...

Ex-Netscape CEO Jim Barksdale has been tapped to join the board of Webvan. Both e-tailers have attracted big-name investors. The Webvan roster includes Softbank (which has a 14 percent stake ...

So far, inventing the new Webvan is proceeding in a strikingly ... even if their founders and investors have hit on a genuinely good idea. What’s fascinating is that nationally scaled, near ...

But Wall Street investors greeted news of the deal with skepticism, as the stock of both Webvan and HomeGrocer tumbled more than 13% in early trading this morning. Both stocks are trading in the $ ...