GSI Commerce ( GSIC) Company Profile: GSI Commerce is a provider of e-commerce and interactive marketing services to businesses that sell products directly to consumers. Current Share Price: $29.76 (April 26) Listing Violation: Audit committee composition. The listing rule requires that a majority of the board of directors must consist of independent directors and that the company's audit committee have at least three members, all of whom must be independent. Received Nasdaq Notice: April 4 Management's Expected Action: GSI Commerce was proactive in alerting the Nasdaq on March 30 that, following the resignation of Mark Menell from the company's board of directors, it was not in compliance with the audit committee composition listing requirement. The company said it intends to fill the vacancy on the audit committee created by Menell's resignation within the cure period provided by the Nasdaq.