Delisting of Securities of Velocity Express Corporation From The NASDAQ Stock Market Oct 6, 2009
NEW YORK, Oct. 5, 2009 (GLOBE NEWSWIRE) -- The NASDAQ Stock Market announced today that it will delist the common stock of Velocity Express Corporation. Velocity Express Corporation's stock was suspended on August 5, 2009 and has not traded on NASDAQ since that time. (Primezone Releases)
Wayzata businessman Peter Lytle dies Jul 28, 2009
Lytle was a entrepreneur and turnaround specialists, serving as the CEO of numerous companies during his career, including Humanetics Corp., Primo Piatto Inc., Velocity Express, St. Croix Computing, Oak Ridge Sports Inc., Agrotec Inc., AbleNet Inc., Marchese & Associates Inc., North American Heritage Brands Inc. and The Franchise Development Group. In 1992, Lytle founded , and a decade later the company made an offer to buy Minnetonka-based Fingerhut from Federated Department Stores Inc.... (Twin Cities Business Journal, MN)
Velocity pays ex-contractors May 16, 2009
The contractors claimed Velocity Express changed the terms of their contract to reduce their pay after they had performed the work ... However, Velocity Express wasn't willing to take the contractors back ... Efforts to reach Velocity Express officials weren't successful. (Albany Times Union)
Drivers win back pay May 16, 2009
Velocity Express has agreed to pay in full a group of independent contractors who said they were owed money by the delivery company ... They claimed Velocity Express retroactively changed the terms of their contract ... Velocity Express officials could not be reached for comment. (Albany Times Union)