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Groupon Restates Earnings After Seeing a Spike in Holiday Returns

Tricia Duryee in Commerce on March 30 at 2:16 pm PT

Groupon has revised its results for the fourth quarter due to higher-than-expected return rates. The announcement sent its shares tumbling in after-hours trading.

Monster: Backdating BAD

John Paczkowski in News on May 18, 2009 at 11:09 am PT

Monster has finally put its backdating case to rest. Nary a week after former COO James Treacy was convicted of conspiracy and securities fraud, the online employment search company agreed to pay a $2.5 million fine to the U.S. Securities and Exchange Commission to settle charges that it improperly backdated millions of dollars in stock options.