Yahoo! investigates chief executive Scott Thompson over CV 'lie' Five months into the job, Scott Thompson is facing questions from the company's board after he was accused of lying about his education. Mr Thompson claimed he held a bachelor's degree in computer science from Stonehill College near Boston. However, Daniel Loeb, whose Third Point hedge fund holds a 5.8pc stake in Yahoo!, has alleged that this was not the case, because the degree didn't exist at the time. In a letter to the board, the activist investor claimed that Mr Thomspon had "embellished his academic credentials." "Stonehill College informed us that it did not begin awarding computer science degrees until 1983 - four years after Mr Thompson graduated," he wrote. Mr Loeb has called for Yahoo! to fire Mr Thompson for unethical conduct, and has threatened to file a lawsuit if the board doesn't take "swift and decisive action" by noon on Monday. Yahoo! was quick to dismiss the discrepancy as "an inadvertent error" and backed Mr Thompson as a "highly qualified executive with a successful track record" leading large technology businesses. Scott Thompson received a bachelor of science degree in business administration with a major in accounting from Stonehill College. There was an inadvertent error that stated Mr Thompson also holds a degree in computer science," a spokesman said. However, the company's board has since launched an investigation into how the discrepancy came about. The scandal follows a turbulent few years for Yahoo!, including a public fallout with its last chief executive, Carol Bartz. Ms Bartz claimed that she had been treated unfairly by Yahoo!"s directors after she was fired over the phone.