Monday, June 5, 2023 | Back issues
Courthouse News Service Courthouse News Service

SEC Sues Former Monster Execs

MANHATTAN (CN) - The SEC today accused two former executives of Monster Worldwide of fraudulently backdating stock options, understating the company's compensation expenses by $340 million.

The SEC filed the federal civil charges against former CEO James Treacy and former Controller Anthony Bonica, who allegedly profited from the backdating.

Categories: Uncategorized

Read the Top 8

Sign up for the Top 8, a roundup of the day's top stories delivered directly to your inbox Monday through Friday.