Ex-Monster General Counsel Myron Olesnyckyj Given Probation; Will Forfeit $381,000 In Backdating Case

Stock options backdating cases have been relatively quiet for a while – but there still are some moving through the courts. Yesterday, for example, the former general counsel at Monster Worldwide Inc., the online employment behemoth, who earlier had pleaded guilty to securities fraud and conspiracy, was sentenced to a year’s probation, ordered to forfeit $381,000, and fined $6,000. 

A short blurb about this, by Mark Hamblett, is on the Web site of the New York Law Journal at http://www.law.com/jsp/nylj/PubArticleNY.jsp?id=1202445352614&src=EMC-Email&et=editorial&bu=New%20York%20Law%20Journal%20&pt=New%20York%20Law%20Journal%20Legal%20Alert&cn=legal%20alert%2003%2F03%2F10&kw=News%20In%20Brief&slreturn=1&hbxlogin=1.