Updates to our Terms of Use

We are updating our Terms of Use. Please carefully review the updated Terms before proceeding to our website.

Wednesday, April 24, 2024 | 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

Subscribe to Closing Arguments

Sign up for new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot cases and rulings in courthouses around the U.S. and the world.

Loading...