New York appeals court upholds Kozlowski grand larceny conviction
November 16, 2007
'[JURIST] A New York appellate court unanimously upheld the convictions of former Tyco International CEO L. Dennis Kozlowski and former CFO Mark Swartz Thursday, rejecting arguments that the pair had been convicted of grand larceny, securities fraud and....... [more] 
Tyco liability insurer seeks recovery of legal fees from ex-CEO
October 17, 2007
'[JURIST] Corporate Officers& Directors Assurance Ltd. (CODA), a subsidiary of ACE Bermuda, has filed a petition in a New York trial court requesting an order compelling former Tyco International CEO L. Dennis Kozlowski to pay the insurer....... [more]
Tyco $3.2 billion shareholder settlement gets preliminary court approval
July 16, 2007
'[JURIST] A federal judge has given preliminary approval to a$3.2 billion settlement agreement between Tyco International, Tyco''s former auditor PricewaterhouseCoopers, and investors who were harmed by fraudulent accounting practices orchestrated by....... [more]
Tyco settles shareholder lawsuits for $3 billion
May 15, 2007
'[JURIST] Tyco International said Tuesday that it has reached an agreement to settle most of the class actions pending against it by investors who were harmed by the actions of the company''s former top executives. The settlement, which is subject to....... [more]
Former Tyco exec settles with SEC as two others charged
December 21, 2006
'[JURIST] Former Tyco executive Richard"Skip" Heger reached a$450,000 settlement on financial reporting and record-keeping charges, the US Securities and Exchange Commission announced Thursday. The charges are connected to a fraud case in which Tyco....... [more]
Tyco, SEC reach $50M settlement in fraud investigation
April 17, 2006
'[JURIST] Tyco. has agreed to pay the US Securities and Exchange Commission a$50 million civil penalty and a$1 disgorgement fee for fraudulent accounting procedures used between 1996 through 2002, Tyco and SEC officials announced Monday. In exchange,....... [more]
Tyco says Abramoff funneled $1.6 million in company funds to himself
January 6, 2006
'[JURIST] A Tyco International spokesperson has said that Tyco was the defrauded"Company A" referred to in court documents released Tuesday as part of former lobbyist Jack Abramoff''s guilty plea to fraud and conspiracy charges. The criminal information....... [more]
Judge denies bail for ex-Tyco execs during appeal
October 3, 2005
'[JURIST] New York state appeals judge Angela Mazzarelli Monday denied a bail request by two former Tyco International executives, a decision that will keep the men in jail during their appeal process. Former Tyco CEO Dennis Kozlowski and CFO Kark....... [more]
BREAKING NEWS ~ Ex-Tyco executives get up to 25 years jail for grand larceny
September 19, 2005
'[JURIST] Wire services are reporting that two former Tyco executives have been sentenced to between 8 1/3 and 25 years in prison after having been found guilty of securities fraud, grand larceny and conspiracy earlier this year. Former Tyco....... [more]
BREAKING NEWS ~ Former Tyco executives found guilty of grand larceny
June 17, 2005
'[JURIST] Former Tyco CEO Dennis Kozlowski and former CFO Mark Schwartz were convicted Friday of grand larceny in connection with huge bonuses and other compensation amounting to over$150M they improperly received while in charge of the company. They....... [more]
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