We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Ex-Monster Exec Convicted In Backdating Case

Law360 (May 12, 2009, 12:00 AM EDT) -- The former president and chief operating officer of job recruiter Monster Worldwide Inc. has reportedly been convicted of securities fraud and conspiracy in a stock options backdating scheme.

Reuters reported that a jury in the U.S. District Court for the Southern District of New York convicted James J. Treacy on two counts Tuesday after less than a day of deliberations. He now faces up to 25 years in prison and hundreds of thousands of dollars in fines.

Attorneys for Treacy, who resigned from his positions at...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.