Former Monster Exec Gets 2 Years, $6.3M Fine

Law360, New York (September 3, 2009, 2:18 PM EDT) -- The former president and chief operating officer of Monster Worldwide Inc. has been handed a two-year prison sentence and a $6.3 million fine following a securities fraud conviction over stock options backdating.

Judge Jed Rakoff of the U.S. District Court for the Southern District of New York on Wednesday imposed the sentence on James J. Treacy, according to the U.S. Attorney's Office.

Treacy, 51, was also ordered to two years of supervision by authorities after his release, the office said.

In administering the sentence, Judge Rakoff...
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