May 2, 2008

Former Monster Worldwide officer charged in NY

Topix SEC News
“With the benefit of hindsight, Treacy created an opportunity for himself and others at Monster to reap substantial benefits by awarding backdated option grants with particularly advantageous exercise prices” The former chief operating officer of Monster Worldwide was arrested Wednesday, charged with backdating stock option grants to employees between 1997 and 2003. via New Jersey News

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