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Reuters Sensor maker Velodyne Lidar said on Monday it had removed founder David Hall as chairman and his wife Marta Thoma Hall as marketing chief following an investigation into their dealings with the board and company practices. The investigation concluded that Mr. Hall and Ms. Hall each behaved inappropriately with regard to board and company processes, and failed to operate with respect, honesty, integrity, and candor in their dealings with company officers and directors, the company said in a statement. The company said it had directed both of them to receive appropriate remedial training, while they continue to be on the board. Velodyne s shares fell 15 percent to close at $17.97 in New York.

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