Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: Monster Worldwide, Inc.
Current Parent CompanyRandstad
Parent at the Time of the Penalty Announcement subscribe to see this data field
Recap of Ownership Changes subscribe to see this data field
Penalty: $2,500,000
Year: 2009
Date: May 18, 2009
Offense Group: financial offenses
Primary Offense: accounting fraud or deficiencies
Violation Description: Monster agreed to pay a $2.5 million penalty to settle the SEC's charges that the company defrauded investors by granting backdated, undisclosed in-the-money stock options while failing to record required non-cash charges for option-related compensation expenses.
Level of Government: federal
Action Type: agency action
Agency: Securities and Exchange Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: Netherlands
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: business services
Specific Industry of Current Parent: business services
Source of Data(click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.