Wed, Apr 30, 2008
James Treacy, a former president and chief operating officer at the company, and Anthony Bonica, a former controller, were accused of benefiting from the fraudulent scheme, including the receipt and exercise of backdated option grants, according to the complaint.
Ouch.
Update: A full breakdown of the legal doc is here.
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Joel Cheesman - who has written 1471 posts on Cheezhead Recruiting News and Opinion.
One of the most widely-read bloggers on emerging recruitment issues in the world. Accomplishments include being named Recruiting.com’s Best Technology Recruitment Blog and Best Recruiting Blog. Joel's been featured in Fast Company magazine, BusinessWeek Magazine, Resumes for Dummies, U.S. News & World Report, The Wall Street Journal and more. Plug into Joel via Twitter, MySpace, Facebook, iTunes, YouTube or Flickr.
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May 1st, 2008 at 1:36 am
i read this stuff and i think jeff taylor who on all account seemed like this great man partnered himself with some shady businessman. the truth is the past few years tis great company seems to have been run by people whom were looking for their own profit. not the employes or clients good.
i think sal came in and is fixxing a lotof issues monster had…security fraud number one. number two for a company that was over stating their profits Sal had cut our fat spend.
chees give this company a chance at a comenack….it is not the current employee fault that coo and ceo of the past were shady individuals and took a great idea, a great company and tried to kill it
May 17th, 2008 at 2:39 am
Tony Bonica – ToBo as we used to call him – is in trouble! Say it ain’t so! Couldn’t happen to a better guy.