Defendant Name:
Monster Worldwide, Inc.
Defendant Type:
Public Company
SIC Code:
7311
CUSIP:
61174210
Document Reference:
comp21042
Document Details
Legal Case Name
SEC v. Monster Worldwide, Inc.
Document Name
Complaint
Document Date
18-May-2009
Document Format
Civil Proceeding
Case Number
09-cv-04641
Federal District Court
New York, Southern District of New York
Allegation Type
Issuer Reporting and Disclosure
Document Summary
The SEC stated: "From at least 1997 through April 2003, certain executives and employees of
Monster, a New York employment company, participated in a fraudulent stock option backdating
scheme. As a result of this conduct, Monster's periodic filings and proxy statements falsely
portrayed Monster's stock options as having been granted at exercise prices equal to the fair
market value of Monster's common stock on the date of the grant, when, in fact, Monster was
granting in-the-money options. "