Former monster COO Treacy found guilty

13 May 2009

James J. Treacy, the former president and COO of Monster Worldwide, has been found guilty of securities fraud and conspiracy in a stock options backdating scheme. A jury issued its verdict Tuesday on the first day of deliberations in the criminal trial.

Treacy was charged in April

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Brian Blum

Brian Blum covers the U.S., Canada and Israel for Classified Intelligence Report, and contributes to our special reports and research projects. Originally from San Francisco and now based in Jerusalem, he has been with the AIM Group since 2004. He is the president of Blum Interactive Media, specializing in writing and multimedia content development for online, print, video and audio. His clients include newspapers, universities and non-profits. He is currently working on a book about the billion-dollar bankruptcy of a once high-flying Israeli startup.