Feeds

Monster sacks general counsel

Lawyer takes long walk

Protecting users from Firesheep and other Sidejacking attacks with SSL

Online recruitment company monster.com will be scouring its own database of CVs looking for a replacement for the company's chief lawyer.

Monster suspended Myron Olesnyckyj, its general counsel and secretary back in September. He has now been sacked.

The company has been investigating the allocation of share options. The Securities and Exchange Commission is investigating dozens of technology companies over allegations that they illegally backdated share options.

Last month the company founder and chief executive Andrew McKelvey refused to be interviewed by the committee set up to investigate the share option scandal. He resigned from the board rather than face the investigating committee.

A statement on Monster.com says: "The company's Board of Directors has terminated Myron Olesnyckyj, the company's former senior vice president, General Counsel and Secretary, for cause. Mr Olesnyckyj was suspended from his position on September 19, 2006.

The board's action was taken with the concurrence of the Special Committee of independent directors reviewing the Company's historical stock option grant practices."

Ouch. Read the whole statement here.®

Choosing a cloud hosting partner with confidence

More from The Register

next story
Hey, Scots. Microsoft's Bing thinks you'll vote NO to independence
World's top Google-finding website calls it for the UK
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Apple CEO Tim Cook: TV is TERRIBLE and stuck in the 1970s
The iKing thinks telly is far too fiddly and ugly – basically, iTunes
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
OECD lashes out at tax avoiding globocorps' location-flipping antics
You hear that, Amazon, Google, Microsoft et al?
Show us your Five-Eyes SECRETS says Privacy International
Refusal to disclose GCHQ canteen menus and prices triggers Euro Human Rights Court action
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.