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 ...

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The money represents only a fraction of the $1.2 billion that investors sank into the company, among the Web's costliest flameouts to date. Some of those walking away with nothing from Webvan's ...

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 ...

The online grocer will implement a 25-to-1 reverse stock split to try to stay listed on the Nasdaq Stock Market and is given a July 23 deadline to do it. Greg Sandoval covers media and digital ...

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 ...

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 ...

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.

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 ...