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Velodyne board fostering 'anti-stockholder' culture, says founder Hall

March 10 (Reuters) - Sensor maker Velodyne Lidar’s board is fostering an “anti-stockholder” culture that is resulting in “troubling underperformance”, its founder David Hall said in a letter sent to the company’s board earlier this week.

Earlier this month, Hall resigned as a director of the company, days after he was removed as its chairman.

Reporting by Ankit Ajmera in Bengaluru; Editing by Amy Caren Daniel

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