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Stone Key Partners LLC et al v. Monster Worldwide, Inc.
Case Number:
1:17-cv-03851
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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August 10, 2018
Monster Beats $8.9M Fees Suit From Investment Bank
A New York federal judge said Friday that Monster Worldwide Inc. does not owe Stone Key Partners LLC about $8.9 million in fees and costs for the boutique investment bank's role in evaluating strategic alternatives because the transactions that the job-search site ultimately completed were either too small or too late.
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May 23, 2017
Investment Bank Hits Monster With $8.9M Contract Suit
Boutique investment banking company Stone Key Partners on Monday hit job posting website Monster Worldwide Inc. with a breach of contract suit, claiming the website owes it $8.9 million under an advisory services contract related to the sale of a Korean subsidiary and the sale of Monster itself to a Dutch firm.