FKSA has been retained to represent a former executive of Monster Worldwide Inc., the parent of job-search web site Monster.com, in connection with a U.S. Department of Justice investigation and a derivative suit alleging backdating of employee stock option grants. Backdating an option means retroactively setting its strike price to a day when the underlying stock traded at a lower price, which makes the option less expensive to exercise and therefore more valuable to the employee.

FKSA litigation partner Mary E. Mulligan is handling the matter.